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Equifax: Turning a Crisis into an Opportunity

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  2. Equifax: Turning a Crisis into an Opportunity

Posted To: MND NewsWire

If anything could be worse than half of the adults in the country having their personal and credit information hacked and stolen, it could be the way the company from whom it was stolen has handled it. Equifax, one of the nation's three major credit reporting companies, was the target of hackers this spring and, by all accounts, is more concerned about its bottom line than its customers' security. What should be the most important details of the story are that the intrusion took place between May and July of this year and the credit records of 143 million people may have been affected. To put this in perspective, the Census Bureau estimates the population of the U.S. is 321 million. Thieves took Social Security numbers, birth dates, addresses as well as driver's license numbers. In some cases...(read more)

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