Data breaches

Former Equifax CIO Jun Ying accused of insider trading, DOJ says

03/14/18

A former senior executive at Equifax Inc. was criminally charged for allegedly selling almost $1 million worth of shares before the company’s announcement last year that it had suffered a massive data breach.

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Banks battle retailers over proposal to disclose consumer hacks

03/07/18

Banks and retailers are sparring over whether financial firms should follow a new national standard to quickly notify consumers when they've experienced a data breach.

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Equifax cites 'ongoing investigation' by CFPB, other agencies

03/02/18

The Consumer Financial Protection Bureau is among several agencies that "continue to investigate events related to" last year's Equifax brief, the credit reporting firm said in a securities filing.

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Problems at Wells wealth unit; Equifax raises breach estimates

03/02/18

The bank overcharged some customers and some received inappropriate investment advice; 2.4 million more people were affected by the breach.

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Equifax says it may lose access to some card data over breach

03/01/18

Equifax, the credit bureau breached by hackers last year, said the card-payments industry may cut off its access to certain data or impose fines if the company can't prove it's addressed weaknesses.

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Can this data security bill succeed where others failed?

02/16/18

A bipartisan bill to establish a federal security framework follows a string of efforts beset by congressional turf battles.

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Cyberattacks took $56B from U.S. economy in ’16: Report

02/16/18

The finance sector had the highest number of breaches of all industries, with 471 in 2016, according to a report issued Friday by the White House's Council of Economic Advisers.

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Is CFPB punting on Equifax? It's complicated

02/05/18

It is unclear whether the Consumer Financial Protection Bureau is abandoning its supervisory oversight of Equifax or just taking a back seat to the Federal Trade Commission as the latter investigates the credit bureau.

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CFPB's Mulvaney to Warren: Breaches justified data-collection halt

01/19/18

Acting Consumer Financial Protection Bureau Director Mick Mulvaney has cited hundreds of confirmed and suspected data breaches as justification for his halting the bureau's data collection activities last month.

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'This guy lives in Fantasyland’: Comments of the week

01/12/18

Readers react to the Federal Housing Finance Agency considering changing its credit scoring policy, slam the possibility of enforcing mandatory penalties for data breaches at credit reporting agencies, weigh the possible nomination of a credit union regulator to the CFPB, and more.

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