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Equifax promised up to $125 for the hack. Now, the FTC says you’ll get ‘nowhere near’ that amount.
As one victim of the hack wrote: “This is unacceptable. The court and Equifax knew there were 147 million claimants. Why offer $125 per claim and set aside only $31 million? Did someone forget to do the math?â€.....»»
The Wall Street Journal: Regulators in 8 states order Equifax to improve its cybersecurity
Equifax Inc. must improve how it manages cybersecurity risk, regulators from eight states said Wednesday, responding to a 2017 data breach that exposed the personal data of nearly 148 million consumers......»»
States order Equifax to bolster cybersecurity
Last year's hack exposed personal info for nearly 148 million Americans......»»
FBI Warns Of Risk Of Chinese Hack Attack On Energy Infrastructure
FBI Warns Of Risk Of Chinese H.....»»
Bay area hospitals, cybersecurity firms grapple with looming health care tech threats
Hospitals are at risk for triple the amount of attacks. What have local institutions done to avoid a hack?.....»»
Equifax shares have near-term downside risk, says Goldman Sachs
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Americans are at risk of being dragged into global cyber warfare, FireEye"s CEO warns: "It"s as simple as if you can be hacked, you are hacked"
In a world where more devices are connected to the internet than every before, consumers could opened up to massive risk. In .....»»
New report finds toxic heavy metals in popular baby foods. FDA failed to warn consumers of risk.
New report finds toxic heavy metals in popular baby foods. FDA failed to warn consumers of risk......»»
"All crises leave scars": One of Europe"s top economists said "dread risk" from consumers could make coronavirus recessions even longer than expected
REUTERS/Toby Melville The Bank of England's chief economist pre.....»»
Sure, Texas is starting to reopen. But do consumers want to go out?
As of Friday, consumers in Texas can visit restaurants, retailers, malls and movie theaters as certain strictures put in place related to COVID-19 lift. But new data from Deloitte shows that a majority of consumers aren’t ready to risk their health or.....»»
Mysterious strokes among young COVID-19 patients may reveal how "a virus can cause strokes in ways we never knew before," a doctor says
Brendan Mcdermid/Reuters New York City doctors have reported a handful of of young patients with mild coronavirus cases who experienced large-vessel strokes. The patients were at low risk for strokes, a new report reveals. Such strokes .....»»
Push to reopen economy runs up against workers and consumers worried about risk
Some states and the White House forge ahead, but many business owners, workers and consumers are wary of what happens next......»»
3 E-Commerce ETFs For The Online Shopping Boom
Prior to the outbreak of the coronavirus, consumers were already gravitating to online shopping, leaving many brick-and-mortar retailers at risk. read more.....»»
Comcast faces cord-cutting risks as new TV content dries up
Cost-conscious consumers looking to cut back on their household expenses as the COVID-19 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppenheimer’s Timothy Horan, putting Comcast Corp. at risk......»»
The Ratings Game: Comcast faces big cord-cutting risk as COVID-19 limits new TV content, analyst cautions
Cost-conscious consumers looking to cut back on their household expenses as the COVID-19 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppenheimer’s Timothy Horan, putting Comcast Corp. at risk......»»
Some retailers could run out of cash as stores stay closed
Retailers are at risk of running out of cash if the coronavirus pandemic keeps stores shuttered for longer than expected and consumers, spooked by carnage in the stock market, cut back on purchases, analysts said Wednesday......»»
The Ratings Game: Coronavirus pandemic raises concerns that some retailers will run out of cash
Retailers are at risk of running out of cash if the coronavirus pandemic keeps stores shuttered for longer than expected and consumers, spooked by carnage in the stock market, cut back on purchases, analysts said Wednesday......»»
Equifax Data Breach Settlement – Consumers not Getting Payout
One of the largest breaches of data in recent memory is the attack on Equifax that exfiltrated hundreds of millions of records. Equi.....»»
Equifax says it will work with lenders, creditors to help reduce the impact of the coronavirus crisis on U.S. credit reports
Consumers are expected to look for relief from payments and fees during the public-health crisis......»»
House panel rips Wells Fargo as ‘reckless’ and unwilling ‘to stop harming its customers’
Lawmakers accused Wells Fargo & Co. of failing to comply with regulatory orders in a scathing report Wednesday, and said the bank poses a major risk to consumers......»»