Private records of 147.9 million Americans, along with 15.2 million British citizens and about 19,000 Canadian citizens were compromised in the breach, making it one of the largest cybercrimes related to identity theft. Equifax said criminals "exploited a … Equifax’s vulnerability traces back to early March, when Cisco Systems noted […] Consumer Reports has advice about what you can do to protect yourself. Cybercriminals exploited an unpatched vulnerability in a commonly used web server platform that allowed them to gain access to certain files and information in Equifax’s dispute resolution software application, including names, social security numbers, birth dates, addresses, and driver’s license numbers. The breach lasted from mid-May through July. It informed the public on September 7. Equifax data breach may affect nearly half the US population Smith's remarks will begin with an apology. Equifax's data breach on Sept. 7, 2017, stunned markets and American consumers, but where the data of those 143 million people disappeared to has remained a mystery. If you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies.. Equifax's 2017 data breach was one of the largest in history, affecting 56% of Americans.
Here are the facts, according to Equifax. What Happened On September 7th, Equifax shocked millions with its acknowledgment that a data breach at the company could potentially affect as many as 143 million U.S. consumers (to put that number into perspective, census data estimates the total U.S. population at 324 million). The Equifax data breach occurred between May and July 2017 at the American credit bureau Equifax. Equifax said the breach happened between mid-May and July. It discovered the hack on July 29. How did this happen? Equifax says a data breach may have put information from 143 million consumers at risk. What to Know About the Equifax Data Breach What Happened?
Unlike other PII data breaches where changing passwords or issuing a new credit card could resolve most of the risk, the effect of the Equifax breach will haunt us for many years. Despite having multi-layers of security controls in place, new and more sophisticated attacks are being developed every day and companies cannot keep up by “chasing bad”.
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