Credit bureau suffers massive data breach

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Credit bureau suffers massive data breachEquifax, one of the big three international consumer credit reporting agencies, has recently become the victim of one of the largest data breaches ever. Equifax collects and aggregates information on over 820 million individual consumers and more than 91 million businesses worldwide.

It appears that cyber crooks have gained access to a range of sensitive information; including the names, Social Security numbers, birth dates, addresses and even driving licence numbers of over 143 million of its US customers – plus more in the UK and Canada. They also accessed the credit card details of over 200,000 Equifax customers. The initial attack took place in May but Equifax only discovered it in late July.

Equifax’s CEO described the breach as ‘disappointing’ and is now busy bolting the stable door to the accompaniment of horses’ hooves. Security expert Brian Krebs is not impressed with the general level of security amongst credit bureaus and suggests it’s high time the authorities held them to account. In the UK, the Information Commissioner’s Office (ICO) is checking on how many Brits may have been affected.