Tag Archives: Data Breach

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

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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 Americans, according a press release on Senator Warren’s website. Continue reading

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

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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 Equifax Data Breach Worry Employers?’ Continue reading

Statistics Show Data Breaches Increasing at Record Pace in United States

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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 could reach 1,500 in 2017, a 37 percent increase over 2016, when data breaches reached an all-time record high of 1,093. Continue reading

Target Settles Credit Card Data Breach Case for $18.5 Million

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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 data security, according to a press release on the Attorney General’s website. Continue reading

Security Experts Call WannaCry Ransomware Attack One of the Largest Global Cyberattacks Ever

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Written By ESR News Blog Editor Thomas Ahearn

Security experts are calling “WannaCry” (also known as “WannaCrypt”) one of the biggest cyberattacks ever after the ransomware program took advantage of a vulnerability in Microsoft Windows to spread to 150 countries and infect at least 200,000 computers around the world by locking down all files and allowing hackers to demand a $300 ransom in bitcoins for their release, according to a report from CNN. Continue reading

Financial Institutions Will Seek Stronger Security Measures from Screening Providers including SOC 2 Reports and NAPBS Accreditation

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Written By ESR News Blog Editor Thomas Ahearn

With data breaches front page news in 2016, industries dealing with sensitive and confidential information – especially in the financial sector – know ensuring data security from third party service providers is mission critical. The fact that businesses including banks and financial institutions will seek stronger security measures such as SSAE 16 Service Organization Control (SOC) 2® reports and accreditation from National Association of Professional Background Screeners (NAPBS®) from screening providers is Trend Number 3 in the Employment Screening Resources® (ESR) 10th annual ‘ESR Top Ten Background Check Trends’ for 2017. Continue reading

FTC Issues Data Breach Response Guide for Businesses

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Written By ESR News Blog Editor Thomas Ahearn

With massive data breaches like the one affecting 500 million Yahoo users in the news lately, the Federal Trade Commission (FTC) has issued a new Data Breach Response: A Guide for Business that outlines the steps that businesses should take when experiencing a data breach. Continue reading

Massive Yahoo Data Breach Could Affect 500 Million Users

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Written By ESR News Blog Editor Thomas Ahearn

Technology company Yahoo has confirmed user account information that may have included names, email addresses, phone numbers, dates of birth, passwords, and security questions was stolen from 500 million Yahoo user accounts by “a state-sponsored actor” in a massive data breach in late 2014. (UPDATE: Important Security Information for Yahoo UsersYahoo believes an unauthorized third party, in August 2013, stole data associated with more than one billion user accounts. Yahoo believes this incident is likely distinct from the incident the company disclosed on September 22, 2016.) Continue reading

Data Breach Caused by Alleged Phishing Scam Leads to Class Action Lawsuit against Supermarket

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Written By ESR News Blog Editor Thomas Ahearn

A proposed nationwide class action lawsuit claims that Phoenix, Arizona-based supermarket chain Sprouts Farmers Market Inc. allegedly fell victim to a data breach caused an email “phishing” scam that led the company’s payroll department to voluntarily release the W-2 Wage and Tax Forms of up to 21,000 employees in March 2016, according to a report on the Top Class Actions website. Continue reading

Sony Data Breach Lawsuit Settlement Gets Final Approval

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Written By ESR News Blog Editor Thomas Ahearn

A federal judge in Los Angeles has given final approval to a multimillion-dollar settlement that finally ends a class action lawsuit against Sony Pictures stemming from a massive data breach suffered by the studio in November 2014 that exposed the personal data of thousands of employees online, Deadline Hollywood reports. Continue reading