Subscribe: I've Been Mugged
Added By: Feedage Forager Feedage Grade A rated
breach  cfpb  consumer  consumers  credit reporting  credit  data breach  data  equifax  massive data  massive  million 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: I've Been Mugged

I've Been Mugged Blog

Consumer views and news since 2007 about identity theft, privacy, and corporate responsibility -- by George Jenkins

Updated: 2018-04-13T14:00:00-04:00


How To View The List Of Advertisers Tracking You On Facebook. Any Surprises On Your List?


The massive privacy and data security breach at involving Cambridge Analytica has heightened many users' sensitivity to the advertising practices by the social networking service. Many Facebook users want to know the exact list of advertiser tracking them. How To View The List Of Advertisers Tracking You How to...

Securities & Exchange Commission Charges Former Equifax Executive With Insider Trading


Last week, the U.S. Securities and Exchange Commission (SEC) charged a former Equifax executive with insider trading. While an employee, Jun Ying allegedly used confidential information to dump stock and avoid losses before Equifax announced its massive data breach in September, 2017. The SEC announced on March 14th that it...

Update: 2.4 Million More Persons Affected By Massive Data Breach At Equifax In 2017


Equifax, one of the three national credit reporting agencies, announced today that 2.4 million more persons were affected by its massive data breach in 2017. The March 1st announcement stated, in part: "Equifax Inc. today announced that the company has confirmed the identities of U.S. consumers whose partial driver’s license...

Investigative Report By Senator Warren Details Failures By Equifax From Massive Data Breach


Earlier this month, U.S. Senator Elizabeth Warren (Democrat - Massachusetts) issued a report about her office's investigation in to the massive Equifax data breach. Key findings from the report: "Equifax Set up a Flawed System to Prevent and Mitigate Data Security Problems. The breach was made possible because Equifax adopted...

CFPB Backs Off Investigating The Massive Equifax Breach


MarketWatch reported on Monday that the Consumer Financial Protection Bureau (CFPB) has: "... scaled back its investigation into a data breach at credit reporting agency Equifax Reuters reported Monday. The CFPB's interim director Mick Mulvaney, appointed by the Trump administration, has not followed "routine steps" that would be involved in...

Considerations For Consumers Affected By The Equifax Breach


Earlier this month, Discover sent me a replacement credit card. The letter with the replacement card stated: "Notice of Data Breach What happened: we recently learned your Discover card account might have been part of a data breach. Please know, this breach did not involve Discover card systems. What we...

Equifax Reported 15.2 Million Records Of U.K. Persons Exposed


Yesterday, Equifax's United Kingdom (UK) unit released a press release about the credit reporting agency's massive data breach and the number of breach victims. A portion of the statement: "It has always been Equifax’s intention to write to those consumers whose information had been illegally compromised, but it would have...

Without Fanfare, Equifax Makes Bankruptcy Change That Affects Hundreds of Thousands


[Editor's note: today's guest post, by the reporters at ProPublica, highlights how credit reporting agencies treat certain information contained in consumers' credit reports. It is reprinted with permission.] By Paul Kiel. ProPublica For what appears to be decades, the credit rating agency Equifax has quietly layered three more years of...

Why The IRS Gave Equifax A No-Bid Contract Extension


You've probably heard the news. The Internal Revenue Service (IRS) gave a no-bid contract to Equifax, even after knowing about the credit reporting agency's massive data breach and arguably lackadaisical data security approaches by management. Why would the IRS do this? The contract's synopsis in the Federal Business Opportunities (FBO)...

Equifax: 2.5 Million More Persons Affected By Massive Data Breach


Equifax disclosed on Monday, October 2, that 2.5 more persons than originally announced were affected by its massive data breach earlier this year. According to the Equifax breach website: "... cybersecurity firm Mandiant has completed the forensic portion of its investigation of the cybersecurity incident disclosed on September 7 to...

Bloomberg: Equifax Had A Data Breach In March, Too. More Questions Result


According to news reports, Equifax experienced another data breach earlier this year before the massive data breach it announced on September 7th where criminals gained unauthorized access to Equifax's systems and computers from May through then end of July, 2017. Bloomberg reported: "Equifax Inc. learned about a major breach of...

31 States Sent Joint Letter Demanding Equifax Provide Free Services And Better Support For Consumers


On Friday, September 15, the attorneys general in several states sent a joint letter to Equifax as a result of the credit reporting agency's response to a massive data breach affecting about 143 million persons in the United States. The participating attorneys general are concerned about the impacts and costs...

The Equifax Breach: Several Investigations Underway


The Office of the Attorney General (AG) for the State of Nevada announced yesterday an investigation into the Equifax data breach. About 143 million persons were affected. The announcement stated: "The breach, which took place from mid-May through July of this year, neglected to keep important personal identifying information safe...

Equifax Data Breach: 11 Reasons Why It Is Worse Than You Think


Equifax, one of the three major credit reporting agencies, announced on September 7 a massive data breach where criminals accessed the company's computer systems. How bad is it? It is instructive to analyze the text of Equifax's breach announcement: "... a cybersecurity incident potentially impacting approximately 143 million U.S. consumers....

The Top Complaints About Financial Services. One Complaint Type Grew 325 Percent


After encountering unresolved issues with financial services, many consumers file complaints with the Consumer Financial Protection Bureau (CFPB). After each complain, the CFP works hard to get each consumer a reply within 15 days. This process allows the CFPB to track which issues affect most consumers, and to identify emerging...

2 Credit Reporting Agencies To Pay $23.1 Million To Settle Deceptive Advertising Charges


Last week, the Consumer Financial Protection Bureau (CFPB) announced the actions it had taken against two credit reporting agencies and their subsidiaries for deceptive advertising practices with credit scores and related subscription programs. The CFPB announcement explained: "TransUnion, since at least July 2011, and Equifax, between July 2011 and March...

Facts About Debt Collection Scams And Other Consumer Complaints


The Consumer Financial Protection Bureau (CFPB) recently released a report about debt collection scams. The report is based upon more than 834,00 complaints filed by consumers nationally with the CFPB about financial products and services: checking and savings accounts, mortgages, credit cards, prepaid cards, consumer loans, student loans, money transfers,...

Experian Has Paid $20 Million (So Far) In Post Breach Costs


Just before the Thanksgiving holiday, The National Law Review reported: "Experian’s most recent earnings report shows that it has spent $20 million to date on its response to the September 2015 data breach that exposed the personal information of nearly 15 million wireless carrier customers. The exposed information included names,...

The CFPB Helps Consumers


The Consumer Financial Protection Bureau (CFPB) helps consumers in many ways. To learn more, read: CFPB Considers Proposal To Ban Some Arbitration Clauses The CFPB Consumer Complaints Database Does What It Was Designed To Do To Learn More About Prepaid Cards, Try The 'Ask CFPB' Service CFPB Accepts Complaints From...

Class-Action Lawsuits Filed Against Medical Informatics Engineering And Experian


One result of the Medical Informatics Engineering (MIE) data breach has been a class-action lawsuit filed against MIE. The Journal Gazette reported on July 31: "James Young, a patient whose medical information was compromised, filed the paperwork Wednesday in U.S. District Court in Fort Wayne. The Indianapolis man is seeking...