Tuesday, October 3, 2017

Equifax: 2.5 million more Americans may be affected by hack

Equifax: 2.5 million more Americans may be affected by hack


NEW YORK (AP)--Credit report company Equifax said on Monday that another 2.5 million Americans could be affected by their system's massive security breaches, making the total of 145.5 million people who have their personal information accessed or stolen.

Equifax said he hired the company to investigate the gap, Mandiant has completed his research and planned to publish the results "on time." The company also stated that it would update its opinion on the those who wanted to see if they were affected on October 8th.

Information stolen earlier this year included names, Social Security numbers, birth dates, and addresses--information that could lead to the significant risk of identity theft.

Although Equifax said earlier that as many as 100,000 Canadian citizens might have been affected, he stated that on Monday, the completed exams were not reported and that only about 8000 Canadian consumers were involved in the information.


The update was as former CEO Equifax, J., who announced his retirement last month, will testify before Congress on Tuesday. It is expected to face angry politicians from both parties, who are outraged that a company responsible for acquiring a significant amount of personal data cannot keep its security software up-to-date.

In his prepared testimony, he apologized for the data gap caused by human error and technical failure. He also apologized for the way company manages its ads.

In a prepared speech, Smith said: "I deeply regret everyone who has been affected by this chasm." "I sincerely apologize if your personal identification information was compromised, or if you have to deal with uncertainty as to whether your data has been compromised." "Companies can't stop confidential information from falling into the hands of workers.

Equifax also faces several state and federal investigations and many types of operational requirements. At least one state, the city of Massachusetts, San Francisco and Chicago also sued Equifax.

Source :
http://www.philly.com/philly/business/20171002_ap_ff58be7d879d44bb822806f974bf99c5.html