The spectacular data breach at Equifax has exposed a murky industry in need of reform. Hackers broke into the credit reporting company’s computers and stole key personal data, including names, addresses, birthdays, Social Security numbers, and some credit card numbers from 143 million Americans. The upshot is hackers now have the most important pieces of identification for nearly half the country. Obtaining such personal information makes it easy for hackers to steal an indiv
An estimated 143 million Americans, or nearly half of the U.S. population, had their personal data stolen in the Equifax cyber heist, according to the company. The bad news is "this data will be used for years," says Avivah Litan, a security analyst at Gartner. "So, as a consumer, you need to be hyper-vigilant." When a credit card gets stolen, it's easy for the victim of the crime to shut down the card, get a new account number and avoid monetary loss. But financial peril ris
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