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Old 09-21-2017, 08:04 PM
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Exclamation After data breech, Equifax directs customers to fake 'Phishing' website

News goes from bad to worse for Equifax.

As most of you are, like myself, victims of the Equifax data breech, if you followed their instructions you may have further exposed your data had it not been for the fact that the fake site was set up to further expose Equifax's lax security.

But statistically most Americans have now had their data spread around the internet and the criminals have access to your data.

You will want to read the full story, but a few highlights are below. If you have not already signed up for the free ID theft service, paid for by Equifax, you should do so.
nd the hits just keep coming for Equifax, the once-trusted credit-monitoring firm that has been embroiled in one of the biggest corporate public-relations disasters in recent memory since disclosing that hackers had penetrated its cyber security defenses and absconded with sensitive personal and financial data belonging to 143 million Americans. Because of the types of data that were stolen, including drivers' license, social security and credit-card numbers, experts have described the hack as possibly the most damaging corporate hack yet.

As if this weren’t enough to permanently sully the firm’s reputation (amid cries of “you had one job!”) – the staggering irony of a credit monitoring firm inadvertently divulging the sensitive information that it was supposed to safeguard hasn’t been lost on consumers) a series of subsequent disclosures have portrayed the firm’s executives as bungling, at best, and nefarious, at worst.

In the nearly two weeks since the story broke…

It was revealed that three of the firm’s executives, including its CFO, cashed out of stocks and options worth some $2 million in the month between when the company first learned about the hack, and when it was disclosed to the public. A federal prosecutor in Atlanta has opened a criminal investigation into Equifax that will focus both on whether the firm was criminally negligent in failing to patch a hole in its cybersecurity systems, as well as whether the suspect stock sales constitute securities fraud.

The company’s head of cyber security was revealed to have no background in computer science or security – a fact the company tried to hastily cover up by scrubbing her social-media profiles. Susan Mauldin, Equifax’s chief information security officer, has a bachelor’s degree in music composition and a master’s in fine arts from the University of Georgia.

Several Congressional committees have asked the company to turn over information relating to the hack as multiple investigations appear to be getting under way. The attorneys general of a handful of states, including Massachusetts and Rhode Island, have joined a probe into the company’s handling of the breach.

The company has been hit with dozens of lawsuits from consumers alleging fraud, abuse and negligence.

Equifax CEO Rick Smith has been called to testify before a special House panel early next month.

"We are fast approaching the stage of the ultimate inversion:
the stage where the government is free to do anything it pleases,
while the citizens may act only by permission; which is the stage
of the darkest periods of human history, the stage of rule by brute force."
- Ayn Rand
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