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Equifax added that the payments will be going to current members of the settlement class and no new claims can be filed after the Jan. 22, 2024 deadline. The Equifax data breach.
An Equifax internal audit in 2015 showed that there was a large backlog of vulnerabilities to patch, that Equifax was not following its own timescales on patching them, that IT staff did not have a comprehensive asset inventory, that Equifax did not consider how critical an IT asset was when prioritising patches, and that the patching process worked on an 'Honour system'.
By Pete Schroeder (Reuters) -The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate ...
A class action lawsuit filed in January 2019 claims Equifax used "admin" as both password and username for a portal with sensitive information.
OptOutPrescreen.com is a joint venture among Equifax, Experian, Innovis, and TransUnion, allowing customers to opt out of receiving credit card solicitations by mail. [ 1 ] Under the Fair Credit Reporting Act (FCRA), consumer reporting agencies are permitted to include customers' names on lists used by creditors or insurers to make offers of ...
Equifax primarily operates in the business-to-business sector, selling consumer credit and insurance reports and related analytics to businesses in a range of industries. [citation needed] Business customers include retailers, insurance firms, healthcare providers, utilities, government agencies, as well as banks, credit unions, personal and specialty finance companies and other financial ...
According to a recent report by the Federal Trade Commission, 1 in 20 Americans have meaningful errors on their credit reports that need to be corrected. One major credit reporting bureau just ...
In September 2017, Block initiated a private lawsuit against Equifax, accusing the latter of neglecting to safeguard his personally identifiable information. [6] He appears in the documentary The China Hustle , outlining his research into securities fraud of Chinese companies through Muddy Waters. [ 7 ]