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New Uber CEO Waited 2 Months To Disclose Data Breach To Investors, Customers

Earlier this month, newly minted Uber CEO Dara Khosrowshahi made his first high-profile public appearance when he sat down for an interview with the New York Times’s Andrew Ross Sorkin.  Speaking in dulcet tones, Khosrowshahi laid out his vision for making Uber’s workplace culture more inclusive, for building out the product, working with regulators who […]


Former Yahoo CEO Mayer Blames Massive Hacks On – Who Else? – Russia

Looks like this guy’s been up to no good… In an apology that’s long overdue, considering Yahoo revealed two months ago that a series of cyberattacks that it had previously reported actually impacted all of its 3 billion user accounts, former Yahoo CEO Marissa Mayer apologized on Wednesday for a pair of massive data breaches […]


This Isn’t A Joke! The IRS Just Hired Equifax To Safeguard Taxpayer Data

Just hours after Equifax CEO Rick Smith wrapped up his testimony before the House Energy and Commerce committee – the first in a series of Congressional “fact-finding missions” about the hack – Politico reported that the IRS last week awarded the disgraced credit monitoring bureau with a $7.25 no-bid contract even as the company struggled […]


The Largest Hack Ever? Yahoo Admits 2013 Data Breach Impacted All 3 Billion Accounts”

Is it too late for Verizon to get some more of its money back? After the entity responsible for selling Yahoo agreed to cut $350 million off the company’s sales price earlier this year following revelations that hackers had stolen sensitive  account information of as many as 1.5 billion user accounts during two separate data […]


Watch Live: Former Equifax CEO Faces Congressional “Public Shaming” Over Hack Farce

Former Equifax CEO Richard Smith (now retired) can expect a serious grilling this morning as he faces a congressional hearing into the utter farce surrounding the company's gross mishandling (and potential insider trading) of a cyber-security breach which has left almost 150 million people at risk. As The Washington Post reports, some lawmakers plan to […]


Peak Irony: Equifax Is (Finally) Hiring A “Fraud Monitoring Leader”

Overnight, one day after the now former CEO of Equifax, Richard Smith, announced his “retirement” from the humiliated, and hacked company, but not before collecting an exit bonus as much as $90 million, his replacement, interim CEO Paulino do Rego Barros Jr. penned another apology, this time in the WSJ: On behalf of Equifax , […]


Muddy Waters’ Carson Block Sues Equifax For $500,000

Disgraced credit-monitoring company Equifax, which has seen its stock drop by nearly 40% since disclosing what will likely be remembered as one of the most damaging data breaches in US history, eliciting dozens of class-action lawsuits, calls for investigations by at least one state attorney general, and requests from multiple Congressional committees for more information […]


Another Coverup? Equifax Accused Of Scrubbing That Its Chief Security Officer Was A Music Major

Update: And… she’s gone: EQUIFAX SAYS CIO AND CHIEF SECURITY OFFICER ARE RETIRING * * * One week after what may be the biggest security leak in US history, when Equifax belatedly admitted that hackers had made off with over 143 million private data profiles, sending the company’s stock 37% lower in the past week… […]


Massachusetts Kicks Off State Lawsuits Against Equifax Over Massive Data Breach

Content originally published at iBankCoin.com Consumer credit reporting agency Equifax has already been hit with over 30 lawsuits over what may be the largest breach of sensitive information in U.S. history – at least 23 of which are class-action filings, and all of them representing individuals. On Tuesday, Massachusetts AG Maura Healey – a Democrat who in […]


“Humbled” Equifax CEO Explains Why Company Hesitated To Disclose Massive Data Breach

Two days after the company revealed that hackers had stolen the sensitive information of more than 143 million customers, prompting a deluge of lawsuits from outraged consumers alleging everything from negligence to outright fraud, the credit-security company’s CEO Richard Smith has chosen the op-ed pages of USA Today – America’s largest circulation newspaper – as […]


“Somebody Goes To Jail” – Senator Says Equifax Execs Should Face Criminal Investigation

Little more than a day after Equifax disclosed that hackers had infiltrated its cybersecurity systems and “compromised” the personal data of 143 million Americans, the company was hit with its first class-action lawsuit, which alleged that the company could’ve prevented the breach if hadn’t instead opted for negligent cost-cutting. That suit, seeking $70 billion, was […]