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U.S. Charges 4 Chinese Military Officers in 2017 Equifax Hack

Krebs on Security

Justice Department today unsealed indictments against four Chinese officers of the People’s Liberation Army (PLA) accused of perpetrating the 2017 hack against consumer credit bureau Equifax that led to the theft of personal data on nearly 150 million Americans. Compounding the confusion, on Sept.

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What You Should Know About the Equifax Data Breach Settlement

Krebs on Security

Big-three credit bureau Equifax has reportedly agreed to pay at least $650 million to settle lawsuits stemming from a 2017 breach that let intruders steal personal and financial data on roughly 148 million Americans. ” Again, the existing breach settlement page is light on specifics there. . per victim, right? .

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FTC Recognizes Identity Theft Awareness Week

Identity IQ

FTC Recognizes Identity Theft Awareness Week. The Federal Trade Commission is commemorating Identity Theft Awareness Week with a series of free events focused on raising awareness and educating consumers about the growing risk of identity theft. So what is identity theft and, how can you protect yourself?

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Equifax Comes to $700 Million Settlement for Data Breach

Adam Levin

Equifax has reached a settlement for the 2017 data breach that exposed the Social Security numbers and personal information of nearly 150 million people. for a data breach, it has drawn heavy criticism for being too lenient. The proposed deal with the U.S. 175 million of the proposed fine would be paid to U.S.

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Fashion retailer Forever 21 data breach impacted +500,000 individuals

Security Affairs

Fashion retailer Forever 21 disclosed a data breach that exposed the personal information of more than 500,000 individuals. We have no evidence to suggest your information has been misused for purposes of fraud or identity theft as a result of this incident – and no reason to believe that it will be.”

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Breach Vouchers & Equifax 2017 Breach Links

Adam Shostack

Vice Motherboard is reporting that " Firm Hired to Monitor Data Breaches Is Hacked, 143 Million Social Security Numbers Stolen." The FTC should require Equifax to send a voucher to each impacted individual which can be used to purchase any identity theft protection service on the market as of August, 2017.

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Phishing, Ransomware Driving Wave of Data Breaches

Security Boulevard

If that trend continues, or even if there is only an average of 141 new compromises per month for the next six months, the total will still exceed the previous high of 1,632 breaches set in 2017. The post Phishing, Ransomware Driving Wave of Data Breaches appeared first on Security Boulevard.