Who's buying Equifax stock?

[boracayjohnny]

The stock has lost a third of it's value already and now this:

https://www.reuters.com/article/us-equifax-cyber/massachusetts-sues-equifax-as-hack-concerns-spread-to-canada-idUSKCN1BU23F

Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc (EFX.N) following a breach that exposed the personal data of up to 143 million people, including 3 million in the state.....



Pretty soon, the Equifax folks will be washing cars and selling pencils.

[Ol Timer]

I gotta love their business model. First, let loose personal data, then have the balls to tell me I need to pay them $10/mo. to monitor my credit. If you and I did that, it would be called extortion.

[Iron Chef]

Pretty soon, the Equifax folks will be washing cars and selling pencils.

Pffffttt....don't we wish?

Just watch. The Equifax executives will land firmly on their feet. :spdchk:

[boracayjohnny]

Pffffttt....don't we wish?

Just watch. The Equifax executives will land firmly on their feet. :spdchk:

Sadly, you're right.

Also, the Security Chief is a female and has a music degree. Who says political correctness can't teach a lesson?

Edit:

To be clear in what I'm trying to say; pick the right person for the job and not some bullshit quota. I don't think a music major has a fukking clue about network security for 143 million people.

[wwomanC6]

When I went to their website to put a credit freeze on my info. No luck, so I called there contact us #. The rep tried to refer me back to the website to enroll and give my info to TureIDPremmier or whatever it's called to monitor your credit. I said NO I do not want to enroll or give my info to some contractor they hired. The rep then told me I have to call a different number.

If anyone wants to just freeze their credit info through Equifax, call 1-866-640-2273. It takes 48hrs to go in effect and in 10 business days they send you a pin number. Then before hanging up they will give you a confirmation #.

Note: The first 2 time I called the number was busy. Then when I got through you have to wait for the next available rep. I waited about 10 min.

[StaticCling]

They could have ameliorated this entire situation by not being dumbasses. :kimblair:

[Aerovette]

I like to keep my score in the 400s for my own protection. :lol:

[syf350]

what does it mean when you are freezing credit? if i try to buy a new truck after freezing it, ford wont be able to pull my credit?

[99 pewtercoupe]

what does it mean when you are freezing credit? if i try to buy a new truck after freezing it, ford wont be able to pull my credit?

You will need to ask them which of the big three they are going to use to check your credit. Then you have to go to that one and "unfreeze" your records until the lender can get the info

[Iron Chef]

what does it mean when you are freezing credit? if i try to buy a new truck after freezing it, ford wont be able to pull my credit?

Basically, it locks your credit down completely to everyone, including yourself. No one can even access your information. If you want to buy a car, get a loan on a house or make any major purchase that requires using your credit, you have to contact the three reporting agencies and "unlock" your credit. When everything is completed, you then have to lock it up again. It's effective, but very cumbersome.

I had a conversation with my investment banker who suggested a credit monitoring company as a workable alternative. If someone is going to use your SSN to open accounts, there's not much you can do to stop it. It's when the bills start hitting that you want to know about it.

[Jeff '79]

Basically, it locks your credit down completely to everyone, including yourself. No one can even access your information. If you want to buy a car, get a loan on a house or make any major purchase that requires using your credit, you have to contact the three reporting agencies and "unlock" your credit. When everything is completed, you then have to lock it up again. It's effective, but very cumbersome.

I had a conversation with my investment banker who suggested a credit monitoring company as a workable alternative. If someone is going to use your SSN to open accounts, there's not much you can do to stop it. It's when the bills start hitting that you find out about it.

*fixt

In my experience, you'll get bills before you hear from any credit monitoring company. There is almost a 2 month lag from the time an account opens to when it actually is recorded by a credit agency.

[VatorMan]

Basically, it locks your credit down completely to everyone, including yourself. No one can even access your information. If you want to buy a car, get a loan on a house or make any major purchase that requires using your credit, you have to contact the three reporting agencies and "unlock" your credit. When everything is completed, you then have to lock it up again. It's effective, but very cumbersome.

I had a conversation with my investment banker who suggested a credit monitoring company as a workable alternative. If someone is going to use your SSN to open accounts, there's not much you can do to stop it. It's when the bills start hitting that you want to know about it.

Several credit cards offer this as a service. My Discover card does this and sends me a monthly report.

[Iron Chef]

*fixt

In my experience, you'll get bills before you hear from any credit monitoring company. There is almost a 2 month lag from the time an account opens to when it actually is recorded by a credit agency.

Yeah that can happen. But once you prove fraud it's almost automatic that lenders will back out any charges. Still a pain in the ass.

Several credit cards offer this as a service. My Discover card does this and sends me a monthly report.

My accounts are through Citi, and any major transaction, loan or money movement has to be OK'd by both myself and my banker who knows me personally. It's a nice stopgap to have.

[Jobaka]

It just keeps getting better...



Equifax Has Been Sending Concerned Customers to a Fake Phishing Site

It keeps getting more complicated for Equifax.

The credit agency's Twitter account tweeted links on Wednesday to a fake site pretending to be Equifax, further bungling the company's response to a massive hack that affected 143 million customers.

Equifax, like many companies, handles customer service and complaints through its Twitter account. But in tweets replying to people asking for help and more information, it occasionally directed them to "securityequifax2017.com."

The domain, designed to look like a phishing site, was set up to criticize how the company handled the situation.

The official account tweeted links to the same site multiple times since September 9, two days after the breach was first announced. The links have been deleted, but screenshots show it was not a one-time flub.

It's easy to mistake the fake site for the real one: equifaxsecurity2017.com. The company created it earlier this month to share information on the major data breach.

Security experts criticized Equifax's decision to use this domain and website because it looks a lot like a scam site. Soon after it launched, some browsers flagged it as a phishing site. Experts warned hackers could create similar websites and trick people into giving up personal information.

And it appears even Equifax was duped by the fake site.

Nick Sweeting, a software engineer, is behind the fake Equifax security site. He created it within hours of the breach announcement to show how easily it is to impersonate the response website.

He told CNN Tech the move was a part of an effort to get Equifax to change the hosting to the company's secure website.

"It's in everyone's interest to get Equifax to change this site to a reputable domain," Sweeting said. "I can guarantee there are real malicious phishing versions already out there."

Sweeting, who spent $10 to buy the domain, said it took 20 minutes to build a clone. He used a simple content retrieval tool, the wget computer program, to copy Equifax's real website and host it on his own.

Sweeting said the site received around 2,000 hits over the last few days before it went viral on Twitter on Wednesday. He stressed that his site is not malicious and does not store user data.

"Their response to this incident leaves millions vulnerable to phishing attacks on copycat sites," the fake website states.

Equifax did not respond to a request for comment.



Source (http://ktla.com/2017/09/20/equifax-has-been-sending-concerned-customers-to-fake-phishing-site/)