Question: How Could Equifax Breach Been Prevented?

What is Equifax credit for?

The Equifax credit score is an educational credit score developed by Equifax.

Equifax credit scores are provided to consumers for their own use to help them estimate their general credit position.

Equifax credit scores are not used by lenders and creditors to assess consumers’ creditworthiness..

Did I get hacked Equifax?

Equifax has set up a site where you can check if your information was compromised by giving your last name and the last six digits of your Social Security number.

How the Equifax breach could have been prevented?

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.

How did the Equifax breach happen technically?

The attack process started on March 10, 2017, when hackers searched the web for any servers with vulnerabilities that the US-CERT warned about just two days earlier. Two months later, on May 13, they hit the jackpot with Equifax’s dispute portal, where people could go to argue about claims.

Who hacked Equifax?

On Monday, the Department of Justice identified the alleged culprit: China. In a sweeping nine-count indictment, the DOJ alleged that four members of China’s People’s Liberation Army were behind the Equifax hack, the culmination of a years-long investigation.

Who did the Equifax breach affect?

It potentially affected 143 million people — more than 40 percent of the population of the United States — whose names, addresses, dates of birth, Social Security numbers, and drivers’ licenses numbers were exposed.

How do I check my Equifax breach?

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 owns Equifax?

Equifax Inc. is an American multinational consumer credit reporting agency and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion (together known as the “Big Three”)….Equifax.TypePublicWebsitewww.equifax.comFootnotes / references16 more rows

What do I do after Equifax breach?

Information Assurance recommends that anyone who may have been affected by the Equifax data breach take the following five actions:Put a fraud alert on your credit report. … Keep an eye on bank account and credit card statements. … Check your free credit reports. … Turn on two-factor for Weblogin and for personal accounts.More items…•

Was the Equifax breach preventable?

“As a result, Equifax allowed one of the largest data breaches in U.S. history. Such a breach was entirely preventable.” The report traced the breach to flaws in the company’s structure that led to a breakdown in communication between the company’s IT policy development and operation.

What can be done to prevent data breaches?

Preventing a Data BreachKeep Only What You Need. Inventory the type and quantity of information in your files and on your computers. … Safeguard Data. … Destroy Before Disposal. … Update Procedures. … Educate/Train Employees. … Control Computer Usage. … Secure All Computers. … Keep Security Software Up-To-Date.More items…

What caused the Equifax breach?

The vulnerability that caused the breach was vulnerability Apache Struts CVE-2017-5638. Apache Struts is a popular framework for creating Java Web applications maintained by the Apache Software Foundation. The Foundation issued a statement announcing the vulnerability and released a patch on March 7, 2017.

Are data breaches preventable?

The answer is, most of the time, yes. Despite the news headlines and the growing awareness of data breaches, most company leaders fail to understand the true nature of these attacks and the consequences when they occur.