Identity Fraud Affected All Time High of 16.7 Million U.S. Victims in 2017

Written By ESR News Blog Editor Thomas Ahearn The 2018 Identity Fraud Study released by research-based advisory firm Javelin Strategy & Research has revealed the number of identity fraud victims increased by eight percent to 16.7 million U.S. consumers in 2017, a record high since the company began tracking identity fraud in 2003.

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Data Breach Protection and Information Security Will Be Critical Issues for Screening Firms in 2018

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 …

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Two Out of Three U.S. Adults Worry about Hackers Stealing Personal Information and Identity Theft

Written By ESR News Blog Editor Thomas Ahearn Two-thirds of adults in the United States worry about becoming victims of cybercrime with 67 percent worrying at least occasionally about computer hackers stealing their personal information and 66 percent worrying at least occasionally about identity theft, according to the Gallup Annual Crime Poll.

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Forensic Investigation of Equifax Data Breach Reveals 2.5 Million More Americans May Be Impacted

Written By ESR News Blog Editor Thomas Ahearn Credit reporting agency Equifax Inc. has announced that a forensic investigation of the massive data breach incident first disclosed on September 7, 2017, that impacted approximately 143 million Americans – almost half of the country –  revealed the impact may potentially reach 2.5 million more Americans.

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New York Proposes Regulations for Credit Reporting Agencies in Response to Equifax Data Breach

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 …

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FREE Act Would Give Consumers Control Over Credit Information in Wake of Equifax Data Breach

Written By ESR News Blog Editor Thomas Ahearn On September 15, 2017, Senator Elizabeth Warren (D-Mass.) and Senator Brian Schatz (D-Hawaii) introduced the Freedom from Equifax Exploitation (FREE) Act to give consumers control over their credit information in the wake of the massive Equifax data breach that compromised the personal data of as many as 143 million …

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Massive Equifax Data Breach Should Not Affect Credit Reports Ordered by Employers for Background Checks

Written By ESR News Blog Editor Thomas Ahearn Employers concerned about credit reports used for background checks being affected by the massive Equifax data breach that compromised the personal information of roughly 143 million Americans — almost half the country – “can breathe somewhat easier knowing their employees won’t be affected,” according to the Bloomberg BNA article ‘Should …

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Statistics Show Data Breaches Increasing at Record Pace in United States

Written By ESR News Blog Editor Thomas Ahearn Statistics released by the Identity Theft Resource Center (ITRC) and CyberScout reveal the number of data breaches in the U.S. tracked through June 30, 2017 hit a half-year record high of 791, according to an ITRC press release. At this pace, ITRC anticipates the number of data breaches …

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Employment Screening Resources Successfully Completes SOC 2 Type 2 Data Security Audit for 2017

Written By Employment Screening Resources (ESR) Employment Screening Resources® (ESR), a leading global background check firm, has announced that independent auditors conducting a SOC 2® Type 2 examination of ESR’s operations for the six month testing period of November 2016 through April 2017 have issued a SOC 2 Type 2 report that states ESR management maintained effective controls …

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Target Settles Credit Card Data Breach Case for $18.5 Million

Written By ESR News Blog Editor Thomas Ahearn California Attorney General Xavier Becerra has announced a record $18.5 million multi-state settlement with Target, Inc. in response to allegations that more than 40 million customers had their payment card information compromised from a data breach during the 2013 holiday season after the retailer failed to provide reasonable …

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