Cyberattack at Equifax affects 143mn US consumers
US-based credit reporting agency Equifax Inc announced on Friday that hackers had gained access to the company's data, potentially impacting approximately 143 million US consumers.
 
Hackers exploited a vulnerability in the company's website application from mid-May through July and gained access to consumer information including names, Social Security numbers, birth dates, addresses and in some instances, driver's license numbers, the agency said in a statement.
 
The breach also included credit card numbers of approximately 209,000 consumers and certain dispute documents with personal identifying information of approximately 182,000 consumers.
 
"This is clearly a disappointing event for our company and one that strikes at the heart of who we are and what we do. I apologise to consumers and our business customers for the concern and frustration this causes," Chairman and CEO Richard.F. Smith said.
 
As part of its investigation into the application vulnerability, Equifax also identified unauthorised access to limited personal information of certain UK and Canadian residents.
 
In its efforts to mitigate damages, the company has created a dedicated website -- www.equifaxsecurity2017.com, to help consumers determine if their information has been potentially impacted and to sign up for credit file monitoring and identity theft protection.
 
The company has said that it will send direct mail notices to consumers whose credit card numbers or dispute documents with personal identifying information were impacted.
 
Equifax is contacting US state and federal regulators and has sent written notifications to all state attorneys general, which includes company's contact information for regulator inquiries.
 
"I have told our entire team that our goal can't be simply to fix the problem and move on. Confronting cybersecurity risks is a daily fight," Smith added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  • User 

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    28 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 4 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)