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

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 …

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

  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 …

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FTC Issues Data Breach Response Guide for Businesses

  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.

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Massive Yahoo Data Breach Could Affect 500 Million Users

  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 …

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

  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 …

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