Written By ESR News Blog Editor Thomas Ahearn On June 25, 2018, New York Governor Andrew M. Cuomo announced that the state’s Department of Financial Services (DFS) issued a final regulation to protect New Yorkers from the threat of data breaches at credit reporting agencies such as the massive Equifax data breach that exposed the personal …Continue reading "New York Issues Regulation to Protect New Yorkers from Data Breaches at Credit Reporting Agencies"
Written By ESR News Blog Editor Thomas Ahearn Attorney Lester Rosen, founder and Cheif Executive Officer (CEO) of Employment Screening Resources® (ESR), will present a live webinar entitled “The Legal Use of Social Media, Credit Reports, Driving Records, and International Screening in Hiring” on June 28, 2018, from 2:00 PM to 3:30 PM EDT. The webinar …Continue reading "Safe Hiring Expert Attorney Lester Rosen to Present Webinar about Background Checks on June 28"
Written By ESR News Blog Editor Thomas Ahearn In March 2017, ESR News reported that national credit reporting agencies (NCRAs) Equifax, Experian, and TransUnion had announced the implementation of enhanced standards for the collection and timely updating of public record data included in consumer credit reports as part of the National Consumer Assistance Plan (NCAP) …Continue reading "National Credit Reporting Agencies to Remove All Tax Liens from Consumer Credit Reports in April 2018"
Written By ESR News Blog Editor Thomas Ahearn On February 22, 2018, the Consumer Financial Protection Bureau (CFPB) – a U.S. government agency responsible for consumer protection in the financial sector – released the latest Quarterly Consumer Credit Trends report that focused on the removal of civil public records from consumer credit reports.Continue reading "CFPB Report Focuses on Removal of Civil Public Records from Credit Reports"
Written By ESR News Blog Editor Thomas Ahearn On September 7, 2017, nationwide credit reporting agency Equifax announced that a massive data breach incident had impacted approximately 143 million Americans – almost half of the country – a number that grew to include 145.5 million people in the U.S. The need for background screening firms to ensure …Continue reading "Data Breach Protection and Information Security Will Be Critical Issues for Screening Firms in 2018"
Written By ESR News Blog Editor Thomas Ahearn In response to the massive Equifax data breach that exposed the personal data of approximately 143 million U.S. consumers – almost half the country – Governor Andrew Cuomo has directed the New York Department of Financial Services (NYDFS) to issue a proposed regulation that would require credit reporting agencies …Continue reading "New York Proposes Regulations for Credit Reporting Agencies in Response to Equifax Data Breach"
Written By ESR News Blog Editor Thomas Ahearn On September 7, 2017 – ironically the same day nationwide credit reporting agency Equifax announced it had suffered a massive data breach – Congress held a hearing entitled “Legislative Proposals for a More Efficient Federal Financial Regulatory Regime” to consider six proposals including one called “The FCRA …Continue reading "Congress Considers FCRA Liability Harmonization Act to Amend Fair Credit Reporting Act to Limit Damages in Class Action Lawsuits"
Written By ESR News Blog Editor Thomas Ahearn To help calm nerves job applicants have about background checks done by employers, an article on job website Monster.com – “Employment background check guide for job applicants” – compared common fears against the facts and featured background check experts such as Dawn Standerwick, Chair of the Board of …Continue reading "Some Common Job Applicant Fears about Background Checks Unfounded"
Written By ESR News Blog Editor Thomas Ahearn On May 23, 2017, a consumer filed a complaint in the U.S. District Court for the Western District of Louisiana against two of the three major credit reporting agencies claiming “she was damaged because her credit report was not updated per her request,” according to a report from …Continue reading "Consumer Files Lawsuit Claiming Credit Reporting Agencies Failed to Remove Dispute Language from Credit Report"
Written By ESR News Blog Editor Thomas Ahearn On May 11, 2017, the U.S. Court of Appeals for the Fourth Circuit decided in Dreher v. Experian Information Solutions, Inc., et al that the plaintiff’s claim that Experian violated the federal Fair Credit Reporting Act (FCRA) by listing a defunct company on his credit report – thus …Continue reading "Appeals Court Finds No Concrete Injury in FCRA Lawsuit Over Incorrect Information on Credit Report"