FAQ: What Actions Should Equifax Take Now For Cybersecurity?

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What would Equifax have done differently?

What could Equifax done differently that may have thwarted the breach? Specifically, they could have applied patches for known vulnerabilities in a standard patch update process. Or maybe, by adhering to the Framework, Equifax would not have suffered the breach in the first place.

What could Equifax have done differently to prevent the cyberattack?

Q2: What could Equifax have done differently to prevent the cyberattack? Ans 2: The cyber attacker targeted the vulnerable patches of the software Equifax user; the top management and software team were aware about the vulnerability. They could have fixed the known bug in system before releasing the application.

What main security controls that Equifax had at the time of the breach?

Equifax’s investigation of the breach identified four major factors including identification, detection, segmenting of access to databases, and data governance that allowed the attacker to successfully gain access to its network and extract information from databases containing personally identifiable information.

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What are the security risks of Equifax?

In its complaint, the FTC alleges that Equifax failed to secure the massive amount of personal information stored on its network, leading to a breach that exposed millions of names and dates of birth, Social Security numbers, physical addresses, and other personal information that could lead to identity theft and fraud

What made the Equifax attack a SQL injection?

Simple answer: SQL Injection. “…they probably stole the database credentials out of the [web] application…” According to the below article and many others online, the data breach occurred due to a web app vulnerability. The attacker can use these to take over the entire box – do anything the application can do.

What Equifax should have done?

The committee made several recommendations to prevent future incidents like the one at Equifax, including reducing the use of social security numbers as personal identifiers. To protect yourself freeze your credit, have secure passwords and be sure to shred sensitive documents.

Was my information leaked by Equifax?

If you want to check whether your data was exposed, the FTC and official settlement site have an online tool you can use to check if you were part of the Equifax breach. You’ll need to enter your last name and last six digits of your Social Security number to see if your data was part of the hack.

Who hacked Equifax?

According to the nine-count indictment handed down by the grand jury in Atlanta, four members of the Chinese People’s Liberation Army are alleged to have conspired to hack Equifax as computer systems and commit economic espionage.

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How do I check my Equifax breach settlement?

Go to the settlement website and click on “Find out if your information was impacted” to see if you’re eligible. Identity restoration services include help dealing with companies, government agencies and credit bureaus. You can use the service even if you never make a claim from this settlement.

Should I give my sin to Equifax?

Equifax (1-800-465-7166) and TransUnion (1-800-663-9980). I’ve used both of them, but I wouldn’t blame you for double checking, as this is the internet and all. These are probably the safest people to give your SIN to.

What are the three major Cras that maintain credit reports?

What is a credit reporting agency? Credit reporting agencies (also known as credit bureaus or consumer reporting agencies) that collect information relevant to your credit and financial history. There are three credit agencies: TransUnion, Equifax, and Experian.

What are the benefits of Equifax?

Take control with a one-stop credit monitoring1 and identity theft protection solution from Equifax. Help better protect yourself from identity theft

  • WebScan.
  • Automatic fraud alerts.
  • Equifax credit report lock.
  • Equifax blocked inquiry alerts.
  • Identity restoration.
  • Lost wallet assistance.

Has anyone received money from Equifax?

It’s been one year since the settlement involving tens of millions of victims of the colossal Equifax data breach received final approval and the deadline passed for filing initial claims. There’s still been no payout.

How does Equifax collect data?

We collect personal data from companies that offer financial products or services to consumers, like loans, financial or investment advice, or insurance. This includes banks, mortgage lenders, loan brokers, some financial or investment advisors, insurance companies, and debt collectors.

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What causes Equifax data leakage?

The vulnerability that caused the breach was vulnerability Apache Struts CVE-2017-5638. The vulnerability was left unpatched until July 29, 2017 when Equifax’s information security department discovered “suspicious network traffic” associated with its online dispute portal and applied the Apache patch.

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