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Massive data breach has cost Equifax nearly $90 million

SAN FRANCISCO -- A massive security breach that hit Equifax has cost the US credit bureau nearly $90 million so far, a figure that is set to rise further, its chief financial officer saidon Thursday. The company, which gathers data on consumers to help lenders determine borrowers' creditworthiness, revealed in September that hackers had stolen the personal details, including names, dates of birth and social security numbers, of nearly 146 million people. In the third quarter, "we incurred a one-time charge related to the cybersecurity incident of $87.5 million," John Gamble said during a conference call on quarterly results. Equifax is forecasting between $60 and $75 million in spen...Keep on reading: Massive data breach has cost Equifax nearly $90 million.....»»

Category: newsSource: inquirer inquirerNov 11th, 2017

Massive data breach has cost Equifax nearly $90 million

SAN FRANCISCO -- A massive security breach that hit Equifax has cost the US credit bureau nearly $90 million so far, a figure that is set to rise further, its chief financial officer saidon Thursday. The company, which gathers data on consumers to help lenders determine borrowers' creditworthiness, revealed in September that hackers had stolen the personal details, including names, dates of birth and social security numbers, of nearly 146 million people. In the third quarter, "we incurred a one-time charge related to the cybersecurity incident of $87.5 million," John Gamble said during a conference call on quarterly results. Equifax is forecasting between $60 and $75 million in spen...Keep on reading: Massive data breach has cost Equifax nearly $90 million.....»»

Category: newsSource:  inquirerRelated NewsNov 11th, 2017

Equifax identifies 2.4 million more affected by massive hack

WASHINGTON, DC, USA – US credit bureau Equifax said on Thursday, March 1, it identified an additional 2.4 million American consumers affected by last year's massive data breach that sparked a public outcry and a congressional probe. The company's forensic investigation revealed the new identities on top of the now 146 million affected ........»»

Category: newsSource:  rapplerRelated NewsMar 2nd, 2018

Revisiting Comeleak, by the numbers

By: Jamael Jacob, Esq A LITTLE over two years ago, in the run-up to the 2016 national elections, a massive data breach earned the Philippines an unenviable place in the global spotlight. The headlines then said it all: Personal data of 55 million Filipino voters exposed! 55M people at risk! PH suffers biggest breach involving government-held […] The post Revisiting Comeleak, by the numbers appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMay 10th, 2018

Equifax breach exposed data of millions

MANILA, Philippines – Consumer credit reporting agency Equifax, in a statement sent to the US Securities and Exchange Commission (SEC), revealed just how much data was exposed in its September 2017 breach . According to the statement issued on Monday, May 7, there were 146.6 million names and birthdates ........»»

Category: newsSource:  rapplerRelated NewsMay 9th, 2018

Facebook data breach likely hit fewer Filipinos

The number of Filipinos affected by a massive Facebook data breach could be lower than the initially estimated 1.175 million, the National Privacy Commission (NPC) said on Friday. NPC chief Raymund Enriquez Liboro told reporters that the social media giant had responded to requests for additional information given initial reports that the Philippines was the [...] The post Facebook data breach likely hit fewer Filipinos appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 28th, 2018

$35-M penalty for not telling investors of massive Yahoo hack

SAN FRANCISCO, USA – US securities regulators on Tuesday, April 24, announced that Altaba, will pay a $35 million penalty for not telling them hackers had stolen Yahoo's "crown jewels." The 2014 breach blamed on Russian hackers affected hundreds of millions of Yahoo accounts, with stolen "crown jewel" data including usernames, ........»»

Category: newsSource:  rapplerRelated NewsApr 25th, 2018

Russian hackers who stole 160 million credit card numbers sentenced

NEW YORK, USA – A US judge sentenced a pair of Russians who led a massive hacking and data breach scheme to lengthy criminal sentences, the US Department of Justice announced Thursday. Vladimir Drinkman, 37, was sentenced to 12 years in prison, while Dmitriy Smilianets, was sentenced to over four ........»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2018

Uber admits personal info of Filipinos exposed in data breach

Ridesharing firm Uber has confirmed that the personal information of Filipinos had been exposed in a massive data breach involving 57 million users worldwide dating back to October 2016. In a statement Tuesday, the National... The post Uber admits personal info of Filipinos exposed in data breach appeared first on MetroCebu News......»»

Category: newsSource:  metrocebuRelated NewsNov 29th, 2017

Uber admits it failed to disclose massive breach exposing data of 57 million users

The company’s admission that it failed to disclose the breach comes as Uber seeks to recover from a series of crises that culminated in the Kalanick’s ouster in June......»»

Category: newsSource:  interaksyonRelated NewsNov 22nd, 2017

Singapore says hackers stole 1.5 million health records in cyberattack

SINGAPORE (UPDATED) – Hackers have stolen the health records of 1.5 million Singaporeans including Prime Minister Lee Hsien Loong, authorities said Friday, July 20, with the leader specifically targeted in the city-state's biggest ever data breach. Singapore's health and information ministries said a government database was broken into in a "deliberate, ........»»

Category: newsSource:  rapplerRelated NewsJul 20th, 2018

Timehop suffers data breach, 21 million users affected

MANILA, Philippines – Social media service Timehop revealed over the weekend it had been the victim of a data breach on July 4, compromising the names, email addresses, and phone numbers of its user base. According to a post on the data breach, "Some 21 million accounts were affected with a name ........»»

Category: newsSource:  rapplerRelated NewsJul 9th, 2018

MyHeritage data breach leaks over 92M account details

MANILA, Philippines – DNA testing and genealogy service MyHeritage has announced that it suffered a data breach in October 2017, with over 92 million account details found on a private server. MyHeritage announced the data breach on Monday, June 4, after a security researcher informed them of the breach. The ........»»

Category: newsSource:  rapplerRelated NewsJun 6th, 2018

I m sorry , Facebook boss tells European lawmakers

BRUSSELS, Belgium – Facebook chief Mark Zuckerberg apologized to the European Parliament on Tuesday, May 22, and said the social media giant is taking steps to prevent a repeat of a massive breach of users' personal data. Zuckerberg also pledged to keep investing in Europe as he made the latest stop ........»»

Category: newsSource:  rapplerRelated NewsMay 22nd, 2018

The high cost of data breaches

Data privacy has all but dominated the news over the past few weeks. Facebook and Cambridge Analytica, the Uber breach, and the discovery of vulnerabilities in the Jollibee delivery portal are just a few examples. I often find myself amazed at the immense cost of data breaches on corporations. Every second, 58 data records are [...] The post The high cost of data breaches appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 16th, 2018

Zuckerberg Under Pressure to Face EU Lawmakers Over Data Scandal

Facebook Inc’s Chief Executive Mark Zuckerberg came under pressure from EU lawmakers on Wednesday to come to Europe and shed light on the data breach involving Cambridge Analytica that affected nearly three million Europeans. The world’s largest social network is under fire worldwide after information about nearly 87 million users wrongly ended up in the […].....»»

Category: newsSource:  metrocebuRelated NewsApr 19th, 2018

Facebook data breach or Comeleak: Which could have a bigger impact?

Facebook recently admitted that information on most of its 2 billion users are vulnerable after a data scandal involving political consulting firm Cambridge Analytica. Facebook users in the Philippines was the biggest to be collected after the United States’. It was not the first time, however, that a massive data breach involved information of Filipinos. […].....»»

Category: newsSource:  interaksyonRelated NewsApr 17th, 2018

Philippines privacy body probes Facebook data breach

The National Privacy Commission has launched an investigation against social media giant Facebook over a massive data breach involving British consultancy firm Cambridge Analytica......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2018

Philippines privacy body opens probe into Facebook data breach

The National Privacy Commission has asked social media giant Facebook to relay information regarding the 1.18 million Filipinos who may have been affected by the data breach involving British firm Cambridge Analytica......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2018

PH firm Istrathehiya denies ever working with Cambridge Analytica

The local company allegedly affiliated with Cambridge Analytica's mother company Strategic Communications Laboratories (SCL) denied that it had ever worked with the US firm as it stressed that nothing came out of their "exploratory talks" in 2015. On its website, SCL lists as one of its 12 offices worldwide Manila's Istrathehiya Inc. But in a statement, Istrathehiya distanced itself and its management team from the American firm at the center of the data breach scandal that potentially affected 87 million Facebook users globally. "There were discussions regarding the possibility of working together on some projects, but nothing came out of these exploratory talks. We never worke...Keep on reading: PH firm Istrathehiya denies ever working with Cambridge Analytica.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2018

Privacy body warns Facebook users on personal info posts

The National Privacy Commission (NPC) urged the public on Friday to be more vigilant and circumspect in their use of Facebook following the latest data breach scandal that hit the social media giant and was believed to have affected the accounts of more than 1.1 million Filipino users.   According to NPC Chair Raymund Liboro, Facebook users should "minimize the personal information they share online and maximize the use of existing privacy protection features and tools."   Facebook recently found itself in hot water with the data breach involving political consultancy Cambridge Analytica.   Liboro said that the NPC was in talks with Facebook to determine ...Keep on reading: Privacy body warns Facebook users on personal info posts.....»»

Category: newsSource:  inquirerRelated NewsApr 7th, 2018