Equifax Data Breach

[JLW71073]

This might be the biggest/worst one yet. Definitely keep an eye on your accounts and your credit report.

http://money.cnn.com/2017/09/07/technology/business/equifax-data-breach/index.html

 

[WVUCOOPER]

This might be the biggest/worst one yet. Definitely keep an eye on your accounts and your credit report.

http://money.cnn.com/2017/09/07/technology/business/equifax-data-breach/index.html

https://www.equifaxsecurity2017.com/

 

[BoremanSouth]

thanks a lot Obama.

 

[bamaEER]

I just checked about mine and the news isn't good.

 

[WVU82]

Free Dark Web Email Scan - Experian
www.experian.com/consumer-products/free-dark-web-email-scan.html
Feb 22, 2017 - Get a free dark web scan to see if your email has been compromised. The scan looks back to 2006, including thousands of sites and millions of ...

http://www.experian.com/consumer-products/free-dark-web-email-scan.html

just did mine...

Your email was not found on the Dark Web
We looked back to 2006 and found 0 records exposed at this time

 

[WVU82]

lol...


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Additional actions you can take

 

[WVU82]

 

[MountaineerWV]

https://www.equifaxsecurity2017.com/

Is that website secure? Not to sound all paranoid, but if they were hacked why should I trust putting in more information to find out if I was hacked?

 

[WVU82]

see the s on the end of the http ?

that means 'secure'...

anytime you do a transaction online...

make SURE the S is there...

 

[MountaineerWV]

see the s on the end of the http ?

that means 'secure'...

anytime you do a transaction online...

make SURE the S is there...

Yep, know all about that. But if hackers could get in to Equifax, pretty sure that was "secure" too.

 

[WVU82]

Yep, know all about that. But if hackers could get in to Equifax, pretty sure that was "secure" too.

if they hacked Equifax they probably payed an insider for a backdoor...

 

[Boomboom521]

They wait 3 weeks to notify the public? And I heard their CFO dumped all his stock in the company last week (another top exec did as well)? Criminal junk, imo.

 

[DvlDog4WVU]

They wait 3 weeks to notify the public? And I heard their CFO dumped all his stock in the company last week (another top exec did as well)? Criminal junk, imo.

The latter is illegal. It's insider training. You have to wait until info is released tobtge public.

 

[JLW71073]

I learned a little more yesterday about this one. The hackers mostly stole SSN, addresses, DOB, etc. You know, all the things you need to open accounts. It didn't sounds like they got many CC. If I were you I would sign up for one of these free credit monitoring products like credit karma. You may also consider freeing your credit so no one but you can open an account.

 

[COOL MAN]

Has anyone from Equifax....like, say, CEO Richard Smith, or CFO John Gamble (who was one of the three who sold ahead of the bad news)......taken the gas yet for this abortion ?? IMO, at the very least, the Big 3 (plus Smith) need to pay with their professional lives (and not the braves in the IT labs).

 

[MountaineerWV]

Has anyone from Equifax....like, say, CEO Richard Smith, or CFO John Gamble (who was one of the three who sold ahead of the bad news)......taken the gas yet for this abortion ?? IMO, at the very least, the Big 3 (plus Smith) need to pay with their professional lives (and not the braves in the IT labs).

Are you kidding? They will have a golden parachute plan of MILLIONS (if not BILLIONS), so what if they end their "professional lives". Seize their profits from the sell of stock..........

 

[Boomboom521]

Has anyone from Equifax....like, say, CEO Richard Smith, or CFO John Gamble (who was one of the three who sold ahead of the bad news)......taken the gas yet for this abortion ?? IMO, at the very least, the Big 3 (plus Smith) need to pay with their professional lives (and not the braves in the IT labs).

Jail!

 

[Boomboom521]

The latter is illegal. It's insider training. You have to wait until info is released tobtge public.

It's not insider trading if you are an insider of the company is it?

 

[WVUCOOPER]

It's not insider trading if you are an insider of the company is it?

notsureifserious.gif

 

[DvlDog4WVU]

It's not insider trading if you are an insider of the company is it?

100%

For instance, I knew a couple of weeks prior to formal notification of the public that we had won a contract which gave us a bump on our stock price. If I would have even dorked with my 401k allocations it would be illegal.

Conversely, if I had worked for VW and knew of the report that was released that detailed all of the fraud in their testing and sold off my stock before an official public release (expose stories count), that would have also qualified as insider trading.

In both instances, you are acting on inside information.

 

[JLW71073]

100%

For instance, I knew a couple of weeks prior to formal notification of the public that we had won a contract which gave us a bump on our stock price. If I would have even dorked with my 401k allocations it would be illegal.

Conversely, if I had worked for VW and knew of the report that was released that detailed all of the fraud in their testing and sold off my stock before an official public release (expose stories count), that would have also qualified as insider trading.

In both instances, you are acting on inside information.

This is very accurate description.

Another way is called tipping. If in the above situation if you were to even allude to a situation to a friend or family member and they made a trade it would be insider trading.

 

[Boomboom521]

Then explain to me why they wouldn't be put in jail?

 

[WVUCOOPER]

Then explain to me why they wouldn't be put in jail?

At this time? Due process. Let's see where we are in 18 months.

 

[JLW71073]

At this time? Due process. Let's see where we are in 18 months.

The Senate has already called for an investigation. I don't the details about the transaction. If it were part of an automated trade (monthly sale or purchase on the same date) then I think it would be allowed (I could be wrong here). If they stopped an automated transaction then that wouldn't be allowed.

 

[MountaineerWV]

At this time? Due process. Let's see where we are in 18 months.

In 18 months some people's lives will be ruined because of this breach. Someone should pay, and pay hard!

 

[WVUCOOPER]

In 18 months some people's lives will be ruined because of this breach. Someone should pay, and pay hard!

? I think there is 2 different things at work here. I thought we were talking about insider trading

 

[JLW71073]

? I think there is 2 different things at work here. I thought we were talking about insider trading

1st time on the OT board?