Equifax

Following its $5 billion Facebook fine, the FTC penalizes YouTube and Equifax

The U.S. Federal Trade Commission (FTC) has been busy lately. The agency followed up its recent $5 billion Facebook fine with two new settlements last week and this morning, with YouTube and credit reporting agency Equifax. YouTube fine about kids and data collection. According to a report last week in The Washington Post Google and …

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Entrepreneurs: 5 Reasons Why the Equifax Breach Could Seriously Hurt Your Business

The massive Equifax data breach that exposed personal information of millions of consumers should be of extra concern to small business owners. After all, it’s not just their personal information that’s at risk; a data breach like this can also put their businesses at risk. For many small business owners, personal and business credit is …

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Feds Punish Equifax with $7.25M Contract to Protect Your Tax Identity

If you had to choose a company to “verify taxpayer identity and to assist in ongoing identity verification and validations needs” of the Internal Revenue Service, who would you choose? Some company expert in identity verification and, of course, security? The IRS chose Equifax. Yes, Equifax. The credit reporting firm that saw a massive data …

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Equifax CEO Steps Down After Apologizing to Business Customers, Others

The CEO of the credit assessment company Equifax, Richard Smith, is stepping down from his post following a whirlwind of bad press stemming from a massive security breach, according to the Associated Press Both Congress and the N.Y. Attorney General’s office have made it clear that they want to investigate the ordeal. The company has dealt with a number …

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Equifax Does an About Face with Its Data Breach Victim Protection Site

Part of the huge Equifax data breach announcement on September 8 was the notification that the company had a website consumers could use to see if they were one of the victims. Notifications are a fairly standard legal requirement. But there were some significant questions about the website that Equifax set up and implications of …

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