Personally identifiable information

GOP sharpens focus on credit bureau fixes

10/12/17

The legislative response to the Equifax breach is increasingly bipartisan, but will congressional proposals actually reduce the threat to consumers?

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Fannie, Freddie 'not impacted' by Deloitte breach, GSEs say

10/10/17

Fannie Mae and Freddie Mac were not impacted by a hacking incident against the accounting giant Deloitte, the companies said Tuesday, after a British newspaper alleged a server containing emails from government agencies was compromised.

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Should CFPB have more power over credit reporting agencies?

10/10/17

CFPB Director Richard Cordray is using the Equifax breach to suggest the CFPB be given power to examine credit reporting agencies for potential cybersecurity lapses.

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Equifax’s data flaws are more the rule than the exception

09/28/17

Yes, the credit bureau goofed badly on data security, and it proved to be worse at crisis management. But other companies have been just as sloppy with cyber defenses, and business and government leaders should have tackled these problems long before now.

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ID-verification firms seize on Equifax moment

09/27/17

The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.

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Senate Dem's Equifax bill may gain surprising bipartisan support

09/15/17

Senate Democrats' legislative bid to reform the credit reporting industry is tempered and balanced, according to analysts, which could help it gain traction in the GOP-controlled Congress.

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Equifax says CIO, chief security officer to leave after breach

09/15/17

Equifax Inc. said two of its senior executives are leaving as the credit-reporting company faces mounting public anger for losing data on 143 million Americans in one of the biggest cyberattacks in history.

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Is democratized ID the answer to the Equifax breach?

09/15/17

Security professionals have long argued against the use of static identifiers like passwords and Social Security numbers, while consumers have long questioned why a handful of bureaus can claim to be the ultimate judges of their identities.

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The Equifax breach: A much needed catastrophe

09/08/17

It's not just Equifax that needs to worry. The incident can and should be a turning point for the financial services industry that it needs to end its reliance on static personal identifiers like Social Security numbers and birth dates.

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Is Discover's breach alert service a risk to its brand?

07/28/17

When breaches occur it is the standard practice for the notification to come directly from the company affected. The difference with Discover's service is that, because it's an opt-in program, its users may already be bracing themselves for bad news.

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