Welcome To The Data Leak Lawyers Blog
We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.
We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.
The Equifax data breach fine from the ICO is the maximum amount that can be issued under the pre-GDPR rules. We welcome the decision.
Last year, we initiated our legal action against Equifax for victims of their mega breach. We’re now representing a number of individuals affected by the breach. If you have yet to join our Claimant Group, please contact us as soon as you can. It’s not too late.
The fine issued by the ICO (Information Commissioner’s Office) is the maximum allowed under the former rules before GDPR came into force. However, the fine does not account for the compensation that we’re pursuing for people.
It’s understood there have been cases of Equifax data breach fraud committed, perhaps, as a direct result of the breach itself.
Tech company, Forte, produced some stats that indicate some alarming figures in the wake of the Equifax data breach. The data can be interpreted as a possible spike in some fraud incidents after the Equifax data breach took place, which wouldn’t surprise us given the scale and nature of this monumental attack.
It’s another sign that we ought to be far more concerned with regards to data breaches than many people are.
The Equifax data leak investigations continue for both our compensation action as well as criminal probes and investigations around the world.
We’re representing a large group of people affected by the Equifax data leak in the UK, and as our compensation action continues to move forward, more fines and charges are being pursued against the credit-monitoring company as well.
In the latest, the problems Equifax face continue as yet another employee is being investigated over alleged insider trading.
An Equifax cyber hack fine has been avoided in the US as the company struck a deal with regulators to change their ways and avoid a repeat of the incident.
The massive Equifax data breach that took place in 2017 was entirely preventable given it was caused by their failure to patch a known security vulnerability, and the fact that their own systems failed to identify the continuing vulnerability. As such, the avoidance of an Equifax cyber hack fine in the US has come as somewhat of a surprise, but this doesn’t mean that they won’t be fined here in the UK.
We’re acting for a group of victims of the Equifax breach here in the UK who are claiming compensation as a result of the incident.
Was the Equifax breach – an action we are representing a group of individuals for – just the beginning in terms of cyberattacks against financial institutions?
When news broke of the Equifax breach, the world was left in shock that such a major financial institution could become a victim to what transpired to be a relatively simple attack that was entirely preventable. With almost 150 million people affected worldwide, and 700,000 of those victims here in the UK, and many not even knowing that Equifax held their data, it was the big breach of 2017; and the aftershock is still being felt to this day.
Harvard have reportedly updated their business publication on the Equifax cyber hack that looks to examine the cause of and response to the monumental data protection breach that Equifax suffered last year.
Ultimately, you know your data breach is huge when Harvard Business Publishing have an educational book examining the incident.
The revision was published in the last few months, with the material itself offering educational participants the opportunity to analyse the issues of the data breach, both from the perspective of the management of Equifax, and from how they dealt with their data as well.
The recent Equifax data breach ‘post-mortem’ that was completed, after a full overhaul and review of exactly what had happened was, a wake-up call, Data Leak Lawyers say.
Many people didn’t even know that Equifax had their data because it had been passed on to them as part of credit referencing checks, meaning a lot of people were surprised when they received the letter notifying them that they had been affected by the breach.
The final information about exactly what was exposed in the monumental hack that broke in the news last year served as a stark reminder about the vulnerability of personal data and was a wake-up call in terms of the scale and severity of the breach.
Should Equifax board members be sacked over the data breach? According to a recent shareholder’s meeting, the answer is reportedly “no”.
Despite the monumental Equifax data breach that occurred last year – an action our Data Leak Lawyers are pursuing on behalf of a number of victims – shareholders have reportedly voted to keep board members in.
It’s common for a number of high-level jobs to be lost following huge data breach scandals like the Equifax one, but in this case, the directors appear to have the backing of the shareholders.
The scary revelations over the information exposed in the Equifax data breach has come to light.
Not only has it transpired that the Equifax data breach was far worse than originally thought in terms of numbers of people affected, but the full extent of what has been breached – and what volumes are involved – has also now been identified.
It makes for scary reading to see the extent to the personal and sensitive information that has been exposed by the Equifax data breach scandal.
As Equifax counts the cost of the monumental data breach they suffered last year, we’re left wondering why they hadn’t spent enough money on ensuring the data they hold was safe and secure in the first place…
Too many organisations are reactive instead of proactive; only ever spending what they need to when a data breach actually happens.
So far, Equifax is said to have spent around £175m on dealing with the data breach, of which £91m of that was insured. The costs have dealt with the general expenses, IT improvements, and we assume the fines and claims against them, of which our claims will need to be factored into that.
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