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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

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

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 News7 hr. 24 min. ago

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

Mark Zuckerberg to testify in U.S. Congress on April 11

WASHINGTON, USA – Mark Zuckerberg agreed to appear before a congressional panel next week, putting the spotlight on the Facebook chief executive and social networking giant pressured by a massive breach of private data and misinformation on the platform. The House of Representatives' Energy and Commerce Committee announced Wednesday, April 4, what ........»»

Category: newsSource:  rapplerRelated NewsApr 5th, 2018

Facebook’s Zuckerberg Apologizes for ‘Breach of Trust’ in Disclosure of Users’ Data

Facebook co-founder and chief executive officer Mark Zuckerberg apologized Sunday in full-page ads in nine major British and U.S. newspapers for the massive “breach of trust” at the social media giant that revealed personal information of millions of Facebook users. Zuckerberg did not mention the British firm accused of using the data, the voter profiling […].....»»

Category: newsSource:  metrocebuRelated NewsApr 3rd, 2018

Data breach affected 150 million MyFitnessPal accounts – Under Armour

MANILA, Philippines – Sports outfitter Under Armour announced on Thursday, March 29, a data breach affecting 150 million accounts on its MyFitnessPal service occurred. The company said it was taking steps to inform affected users about the issue, and provide guidance following the data breach. In an investor statement , Under ........»»

Category: newsSource:  rapplerRelated NewsMar 30th, 2018

EU seeks Facebook data privacy probe

BRUSSELS, Belgium – The European Union pushed on Tuesday, March 20, for an urgent investigation into revelations that a firm working for Donald Trump presidential campaign harvested data on 50 million users. EU Justice Commissioner Vera Jourova, who has called the breach "horrifying", was meanwhile to seek clarification from the social ........»»

Category: newsSource:  rapplerRelated NewsMar 20th, 2018

Facebook rocked by data breach scandal as investigations loom

WASHINGTON -- Facebook shares plunged Monday as the social media giant was pounded by criticism at home and abroad over revelations that a firm working for Donald Trump’s presidential campaign harvested and misused data on 50 million members. Calls for investigations came on both sides of the Atlantic after Facebook….....»»

Category: newsSource:  journalRelated NewsMar 20th, 2018

Gearing up for 2020 Olympics, Japan breaks tourism record

A record number of tourists visited Japan last year, the government said Friday, as the country gears up to welcome the world to the Olympic Games in Tokyo in 2020. Some 28.7 million foreign tourists entered Japan in 2017, meaning the country has tripled its number of visitors in the past five years amid a massive promotional drive ahead of the Olympics. This was a nearly 20 percent gain on the previous year, driven by Chinese tourists taking advantage of more frequent low-cost flights to Japan. According to figures up to November, Chinese tourists led the way with 6.79 million trips, just ahead of South Korea with 6.46 million. Tokyo has eased visa requirements, expanded...Keep on reading: Gearing up for 2020 Olympics, Japan breaks tourism record.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2018

Massive Asian Uber data breach being investigated

MANILA, Philippines - In what has emerged as a significant breach, Uber revealed on Friday that a data breach had compromised the personal information of hundreds of thousands of customers in Singa.....»»

Category: newsSource:  manilanewsRelated NewsDec 17th, 2017

Over 170,000 Pinoys affected by Uber breach

The massive data breach that hit ride-hailing company Uber last year affected about 171,000 Filipino drivers and passengers, the National Privacy Commission (NPC) said on Friday. In a statement, NPC Commissioner Raymund Enriquz Liboro said Uber confirmed the news to his agency last Thursday. “Uber made public additional information earlier made available to us on [...] The post Over 170,000 Pinoys affected by Uber breach appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 16th, 2017

Uber data breach affected 171,000 Filipinos – NPC

MANILA, Philippines — Personal data of an estimated 171,000 Filipinos were exposed in the massive data breach that hit mobile ride hailing application Uber l.....»»

Category: newsSource:  philstarRelated NewsDec 15th, 2017