Equifax hacked, executives dump shares - LOCK 'EM UP!

[Jjoey52]

Welcome to the Trump ERROR boys and girls.

What does this have to do with Trump? Also, that is insider trading, and we all know the only ones allowed to do insider trading are members of Congress.


Sent from my iPad using Tapatalk

[Chizzang]

Just freeze your accounts...

• Equifax: Freeze Your Equifax Credit Report, 1-800-685-1111 (NY residents 1-800-349-9960)
• Experian: Freeze Your Experian Credit Report, 1-888-397-3742
• TransUnion: Freeze Your TransUnion Credit Report, 1-888-909-8872
You can also place a security freeze by mail (use certified mail). Make sure you send the following information in your request:
• Your full name, including your middle initial any generational suffix (e.g. Jr., II, etc.)
• Complete current address, and previous addresses for the past two years
• Date of birth, month, day, and year
• Social security number
• Proof of identification (e.g. a photocopy of your valid driver's license, passport, state ID, military ID, or birth certificate)
• Address verification (e.g. utility bill, cell phone bill, pay stub. Do not send a credit cards statement, magazine subscription, voided check, or lease agreement)
• Payment (check, money order, or major credit card)
Here are the credit bureau addresses you should use to mail your security freeze application and documentation.
Equifax Security Freeze
P.O. Box 105788
Atlanta, Georgia 30348

Experian Security Freeze
P.O. Box 9554
Allen, TX 75013

TransUnion LLC
P.O. Box 2000
Chester, PA 19022-2000

[CAA Flagship]

What does a "freeze" do? Sounds like it will only prevent them from passing on requested information. Will it erase your information?

[Skjellyfetti]

Or sue them yourself in small claims court with the help of a bot.

The entrepreneur behind DoNotPay, a free online chatbot that has successfully fought around 375,000 parking tickets in New York, Seattle, and the U.K., is launching a new service on Tuesday that will allow people to sue Equifax for $15,000 in mere minutes.

On September 7, Equifax revealed a massive cybersecurity breach that potentially exposed the Social Security numbers and other personal information of 143 million people. The breach has spurred two dozen lawsuits in federal court involving lawyers who want to represent many plaintiffs. But it tends to be tough for individuals to sue companies like Equifax on their own.

“Three days ago I realized I should definitely be doing something for this,” Joshua Browder, DoNotPay’s creator, told Yahoo Finance. “I was doing research and I found no one is going down to small claims court on the state level.”

Despite the pending federal lawsuits, Browder sees small claims court as the ideal way to deal with this, without involving costly lawyers or complex cases that could last years.

“I think people should be empowered to do it themselves,” Browder said. “Instead of taking Equifax to federal court, they could take Equifax to small claims. In a lot of these states you’re not allowed lawyers, there are no legal fees, and state judges are more sympathetic and more fair. They don’t take kindly to big corporations pushing people around.”

Class action cases generally won’t affect a consumer’s right to take a corporation to small claims court, provided the company does business in that state. However, you may have to opt-out of a class action to be eligible, something for which DoNotPay might have to write another bot.

“The consumer can definitely go forward in small claims court, even if a class action is pending,” said F. Paul Bland, an attorney and executive director for Public Justice. “There’s no chance a class action would bar a consumer from bringing such a case.”

https://finance.yahoo.com/news/new-webs ... 30288.html

[Ibanez]

What does a "freeze" do? Sounds like it will only prevent them from passing on requested information. Will it erase your information?

It prevents someone from opening new accounts but if they have your Credit Card number, they can still make charges.

https://www.consumer.ftc.gov/articles/0 ... reeze-faqs

[Col Hogan]

Our government is so f’ed up...

IRS awards multimillion-dollar fraud-prevention contract to Equifax
The no-bid contract was issued last week, as the company continued facing fallout from its massive security breach.

http://www.politico.com/story/2017/10/0 ... act-243419

The IRS will pay Equifax $7.25 million to verify taxpayer identities and help prevent fraud under a no-bid contract issued last week, even as lawmakers lash the embattled company about a massive security breach that exposed personal information of as many as 145.5 million Americans.

[CID1990]

Our government is so f’ed up...

IRS awards multimillion-dollar fraud-prevention contract to Equifax
The no-bid contract was issued last week, as the company continued facing fallout from its massive security breach.

http://www.politico.com/story/2017/10/0 ... act-243419

The IRS will pay Equifax $7.25 million to verify taxpayer identities and help prevent fraud under a no-bid contract issued last week, even as lawmakers lash the embattled company about a massive security breach that exposed personal information of as many as 145.5 million Americans.

things like this will always be blamed on the president or the incumbent party

but it is the Federal procurement system that causes this - a system so Byzantine and complicated (in the name of fairness of course!) that I have zero faith it will ever be fixed


Sent from my iPhone using Tapatalk

[Chizzang]

Our government is so f’ed up...



http://www.politico.com/story/2017/10/0 ... act-243419

things like this will always be blamed on the president or the incumbent party

but it is the Federal procurement system that causes this - a system so Byzantine and complicated (in the name of fairness of course!) that I have zero faith it will ever be fixed

Thank goodness we drained the swamp...



Oh, and if you wanna know how contracts are "procured"
just follow the money

[SDHornet]

things like this will always be blamed on the president or the incumbent party

but it is the Federal procurement system that causes this - a system so Byzantine and complicated (in the name of fairness of course!) that I have zero faith it will ever be fixed

Thank goodness we drained the swamp...



Oh, and if you wanna know how contracts are "procured"
just follow the money

Nailed it.

[houndawg]

I agree. Hang 'em high.

143 million has to be 75%+ of all US citizens with credit information on file. The more interesting number would be to see how many people were not breached.

Pay cash for everything, boys. Even if you have to pawn the spare tire.

[89Hen]

Pay cash for everything, boys. Even if you have to pawn the spare tire.

Meh. I get way too many rewards for using a credit card and who wants to carry that much cash?

[houndawg]

Pay cash for everything, boys. Even if you have to pawn the spare tire.

Meh. I get way too many rewards for using a credit card and who wants to carry that much cash?

[89Hen]

Meh. I get way too many rewards for using a credit card and who wants to carry that much cash?

Quality reply there dawg. BTW, just booked two more flights on Cap One's dime.

[houndawg]

Quality reply there dawg. BTW, just booked two more flights on Cap One's dime.

aviation safety ain't what it used to be.

[dbackjon]

Welcome to the Trump ERROR boys and girls.

How right you were Richard...


https://www.reuters.com/article/us-usa- ... SKBN1FP0IZ

Exclusive: U.S. consumer protection official puts Equifax probe on ice - sources

Mick Mulvaney, head of the Consumer Financial Protection Bureau, has pulled back from a full-scale probe of how Equifax Inc failed to protect the personal data of millions of consumers, according to people familiar with the matter.

Equifax (EFX.N) said in September that hackers stole personal data it had collected on some 143 million Americans. Richard Cordray, then the CFPB director, authorized an investigation that month, said former officials familiar with the probe.

But Cordray resigned in November and was replaced by Mulvaney, President Donald Trump’s budget chief. The CFPB effort against Equifax has sputtered since then, said several government and industry sources, raising questions about how Mulvaney will police a data-warehousing industry that has enormous sway over how much consumers pay to borrow money.

The CFPB has the tools to examine a data breach like Equifax, said John Czwartacki, a spokesman, but the agency is not permitted to acknowledge an open investigation. “The bureau has the desire, expertise, and know-how in-house to vigorously pursue hypothetical matters such as these,” he said.

Three sources say, though, Mulvaney, the new CFPB chief, has not ordered subpoenas against Equifax or sought sworn testimony from executives, routine steps when launching a full-scale probe. Meanwhile the CFPB has shelved plans for on-the-ground tests of how Equifax protects data, an idea backed by Cordray.

[Ibanez]

This is so easy. Equifax failed to resolve Apache Struts. It took us less than 24 hours to apply the patch and another 48 to review/ensure there was no breach. Hundreds of other companies were able to prevent breaches. They failed to protect their clients. They get rich off our information- without paying us for it. But that’s another topic.


Sent from my iPhone using Tapatalk

[BDKJMU]

Why do the computers that have all this stuff on it have to be physically connected to the rest of the world?

So other businesses can pay them money to give them your credit information... as close to instantaneous as possible. If you're sitting at the car dealership ready to buy a car... pending credit check... the salesperson is going to be pissed if he can't work out your financing pretty **** fast. "Sorry, come back next week when we get your credit score back" would be death for car salesmen.

It's how their business model works. Yeah, credit agencies could keep it on paper files like in the olden days of yore.... but, their clients aren't going to want to wait around for a couple of weeks for every credit score to come in. They want it NOW! Even keeping all the day on air gapped computers will still slow your business down and no one would use you in favor of your competitors that can send it instantly.

Pretty sure back in the day, before the days of credit scores on the interwebs, people could buy vehicles the same day...they certainly didn't wait around for a couple of weeks for every credit score to come in.

[Ibanez]

So other businesses can pay them money to give them your credit information... as close to instantaneous as possible. If you're sitting at the car dealership ready to buy a car... pending credit check... the salesperson is going to be pissed if he can't work out your financing pretty **** fast. "Sorry, come back next week when we get your credit score back" would be death for car salesmen.

It's how their business model works. Yeah, credit agencies could keep it on paper files like in the olden days of yore.... but, their clients aren't going to want to wait around for a couple of weeks for every credit score to come in. They want it NOW! Even keeping all the day on air gapped computers will still slow your business down and no one would use you in favor of your competitors that can send it instantly.

Pretty sure back in the day, before the days of credit scores on the interwebs, people could buy vehicles the same day...they certainly didn't wait around for a couple of weeks for every credit score to come in.

Back in the day it was " Bill always pays his bills, plus we go to the same church. Approved."