09-20-2017, 02:35 AM
Equifax breach exposed data for 143 million consumers
Equifax breach exposed data for 143 million consumers
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Last Updated Sep 7, 2017 10:24 PM EDT
Credit monitor Equifax said Thursday that hackers have gained access to personal information belonging to 143 million U.S. consumers after exploiting a vulnerability on the company's website. Now the unwitting victims have to worry about the threat of having their identities stolen.
The high-tech heist occurred between mid-May and July, according to Equifax (EFX), one of the nation's biggest credit bureaus. The leaked information includes names, Social Security numbers, birth dates and in some cases driver's license numbers.
CBS News has confirmed the FBI is looking into the breach.
Credit card numbers for about 209,000 consumers and documents related to credit reporting disputes for 182,000 people also were exposed, Equifax said, adding that hackers also accessed some information from British and Canadian consumers. The company doesn't think residents of other countries were affected.
"The motives for hacking can be very different with each incident, but tend to be concentrated on disruption or financial gain," said Kris Monaco, managing partner at Level ETF Ventures. "Credit card and personal data are the lifeblood of every hacking scheme, so criminals were obviously focusing on a rich target like Equifax."
Equifax said it found no evidence of unauthorized activity on the company's core consumer or commercial credit reporting databases. It discovered the intrusion on July 29 and acted immediately to stop it, the company said.
Equifax also said it alerted law enforcement about the cyberattack. And it has set up a special website where people can check to see if their personal information may have been stolen. Consumers can also call 866-447-7559 for more information.
Personal finance experts warned consumers who may have been affected by the hack to be on their guard.
Equifax breach exposed data for 143 million consumers
Comment Share Tweet Stumble Email
Last Updated Sep 7, 2017 10:24 PM EDT
Credit monitor Equifax said Thursday that hackers have gained access to personal information belonging to 143 million U.S. consumers after exploiting a vulnerability on the company's website. Now the unwitting victims have to worry about the threat of having their identities stolen.
The high-tech heist occurred between mid-May and July, according to Equifax (EFX), one of the nation's biggest credit bureaus. The leaked information includes names, Social Security numbers, birth dates and in some cases driver's license numbers.
CBS News has confirmed the FBI is looking into the breach.
Credit card numbers for about 209,000 consumers and documents related to credit reporting disputes for 182,000 people also were exposed, Equifax said, adding that hackers also accessed some information from British and Canadian consumers. The company doesn't think residents of other countries were affected.
"The motives for hacking can be very different with each incident, but tend to be concentrated on disruption or financial gain," said Kris Monaco, managing partner at Level ETF Ventures. "Credit card and personal data are the lifeblood of every hacking scheme, so criminals were obviously focusing on a rich target like Equifax."
Equifax said it found no evidence of unauthorized activity on the company's core consumer or commercial credit reporting databases. It discovered the intrusion on July 29 and acted immediately to stop it, the company said.
Equifax also said it alerted law enforcement about the cyberattack. And it has set up a special website where people can check to see if their personal information may have been stolen. Consumers can also call 866-447-7559 for more information.
Personal finance experts warned consumers who may have been affected by the hack to be on their guard.