Equifax hack

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suomalainen
Posts: 988
Joined: Sat Oct 18, 2014 12:49 pm

Re: Equifax hack

Post by suomalainen »

diogenes dog wrote:
Wed Sep 13, 2017 4:10 pm
My inner contrarian wants to buy some shares. Not cheap enough yet though.
+1

Scott 2
Posts: 2858
Joined: Sun Feb 12, 2012 10:34 pm

Re: Equifax hack

Post by Scott 2 »

My wife and I both flagged the check. This is big enough that multiple levels of IT at my large corp have been sending out instructions to staff.

bw_
Posts: 9
Joined: Thu Nov 24, 2016 7:30 pm

Re: Equifax hack

Post by bw_ »

suomalainen wrote:
Wed Sep 13, 2017 4:41 pm
diogenes dog wrote:
Wed Sep 13, 2017 4:10 pm
My inner contrarian wants to buy some shares. Not cheap enough yet though.
+1
:) I shorted and bought to cover Equifax several times on the day of the announcement.

bw_
Posts: 9
Joined: Thu Nov 24, 2016 7:30 pm

Re: Equifax hack

Post by bw_ »

My credit files have been frozen for several years at the big 3, and so, I sleep easy.

Yes, it's inconvenient to temporarily unfreeze to take advantage of credit card offers and to refinance or get new loans, but well worth the effort and cost.

I had not heard of the 3 minor credit bureaus, but will putting credit freezes there too.

George the original one
Posts: 5406
Joined: Wed Jul 28, 2010 3:28 am
Location: Wettest corner of Orygun

Re: Equifax hack

Post by George the original one »

OMG... Equifax (Argentina) is really, seriously, incredibly incompetent!

http://www.bbc.com/news/technology-41257576

Gilberto de Piento
Posts: 1950
Joined: Tue Nov 12, 2013 10:23 pm

Re: Equifax hack

Post by Gilberto de Piento »


RealPerson
Posts: 875
Joined: Thu Nov 22, 2012 4:33 pm

Re: Equifax hack

Post by RealPerson »

I am not buying. Between the pending lawsuits, possible congressional action and the loss of business I am not convinced they will survive.

You could buy a small amount of shares if you enjoy a rollercoaster or like going to a casino. 😀

The Old Man
Posts: 505
Joined: Sat Jun 30, 2012 5:55 pm

Re: Equifax hack

Post by The Old Man »

https://www.wired.com/story/equifax-breach-no-excuse/

It looks to be a single point failure. Security systems design lacked a defense in depth. Extremely poor design which I believe is commonplace.

SavingWithBabies
Posts: 882
Joined: Mon Aug 31, 2015 2:50 pm
Location: Midwest, USA

Re: Equifax hack

Post by SavingWithBabies »

So in the last couple months, I've started to get way more credit alerts when my report changes. A couple weeks ago, I opened up a new card and I got reports of it from 2-3 other credit card companies (Chase, Discover, maybe Citi) and from Credit Karma. So all the services and cards/banks seem to be stepping up and offering more alerts on credit report changes.

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