Hacking

FTC starts Equifax probe; CFPB blesses alternative credit data

09/15/17

Agency confirms it’s investigating the credit bureau; regulator gives green light to Upstart Network to use cellphone payments, etc., to underwrite loans.

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Lawsuits against Equifax pile up; bitcoin price dives

09/14/17

More than 100 suits have been filed since the company revealed the massive data breach last week; price of digital currency is down 25% since hitting a record high a week ago.

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Cagney leaves SoFi; Equifax lobbied for breaks before breach

09/12/17

Online lender’s co-founder says “negative press” from lawsuits has become a “distraction”; company sought lighter regulation and limited legal liability for credit bureaus.

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Equifax data breach has major FinReg consequences

09/11/17

The loss of 143 million consumers' personal data may prompt a regulatory backlash.

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Equifax hack sparks probes; mobile apps keep Houston banking

09/11/17

The FBI and at least two states are looking into the data breach; Harvey shut lots of banks, but mobile banking apps keep customers operating.

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NSA hacks into SWIFT; Wells board faces the voters

04/17/17

Hacker group Shadow Brokers says U.S. intel agency compromised parts of the global banking system; bank's directors gear up for tough election at annual meeting.

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