Fear Not: You, Too, Are a Cybercrime Victim!
Summary: Yahoo! raised its 2013 breach count from one billion to three billion accounts, while Equifax added 2.5 million victims to its 143 million, and former CEO Richard Smith told a House Energy & Commerce panel that the breach came from a missed March 2017 software patch on a dispute portal and a scanner that failed to detect the vulnerability. Smith said the compromised data was not encrypted at rest, that Equifax waited roughly 40 days after its July 29 discovery to disclose on September 7, and the IRS awarded Equifax a $7.25 million no-bid contract hours after the hearing ended.
What's compelling: The company that exposed 145.5 million Americans' unencrypted data - nearly 60 percent of the adult population - was handed a $7.25 million no-bid IRS contract the same day its former CEO testified, which tells you what the market actually rewards.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
- Related
- TSMC employee data breach linked to cloud provider Cyber Risks · Nov 15, 2026Data Breach at La Poste Subsidiary Maileva Affects 22 Million People in France Cyber Risks · Nov 15, 2026City of Osaka warns of data breach impacting 1 million as Japan reels from dozens of cyber incidents Cyber Risks · Nov 13, 2026