Tuesday, October 17, 2017

Q's and Some A's on the Massive Equifax Breach

Confidential information at risk...

A credit giant in the spotlight.

Three weeks after Equifax acknowledged that hackers had breached the company’s system, the company’s interim chief executive, Paulino do Rego Barros Jr., apologized for its messy response, Ron Lieber reports on nytimes.com.

The breach meant that potentially millions of Social Security numbers, driver’s licenses and other information had been stolen, leaving many of us to wonder how vulnerable we might be to identity theft, Lieber wrote.

“Answers to key consumer questions were too often delayed, incomplete or both,” Mr. Barros wrote in an op-ed column in The Wall Street Journal in late September, Lieber added.

He had his verb tenses wrong. The answers are still delayed and incomplete, Lieber wrote.

For a Q and some A's about the continuing Equifax problem potentially affecting you and millions of Americans: https://www.nytimes.com/interactive/2017/your-money/equifax-data-breach-credit.html

Photo: Pinterest.
Next time on The Allen Report:
It's the 70th Anniversary of the First Supersonic Flight.

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