Equifax Breach May Have Been Worse Than Everyone Thought

Equifax Breach May Have Been Worse Than Everyone Thought

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Inman Connect San Francisco, Jul 16-20, 2018



Massachusetts Senator Elizabeth Warren has released a 15-page report about Equifax’s 2017 data breach that includes claims about the company’s cybersecurity, the removal of 145 million consumers’ personally identifiable information (PII), and “hardball tactics” Equifax used to delay rival Experian from obtaining an IRS contract.

“After months of investigation, our office finally learned that hackers exfiltrated — not just accessed — the data of millions of Americans,” said the report. “Rather than just having access to the data, this means the hackers removed the data from the Equifax system and potentially access to it forever.”

“Equifax failed to make this distinction in any of its public statements, effectively misleading the American people.”
A report by CertifID released after the breach described the extent to which real estate may be affected.
“This historical breach may be most harmful to consumers that are in the market to purchase a home,” the report noted. “T…

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