In what is being called one of the worst breaches in U.S. history, Equifax is facing criticism for mishandling the breach of 143 million records. Hackers were able to steal sensitive information such as Social Security numbers and credit card details. Equifax failed to install security updates, directed users to a phishing site, and had issues with their credit freeze website. Also, the Securities and Exchange Commission announced that it had been breached last year. The lack of disclosure and debate over disclosure requirements for breaches is also a concern. The impact of the breach on individuals and potential recommendations are also being discussed.
T-Mobile pays $16 million fine for three years’ worth of data breaches
T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement over a series of data breaches over three years