What are the ethical issues of Equifax?
Equifax had an ethical duty to its customers to maintain personal data with utmost security. Equifax used an open-source software tool known as Apache Struts that supported Equifax’s online dispute portal web application.
What are the top 3 lessons learned from the Equifax data breach?
“Some lessons learned since Equifax include patch, segment your networks, train on appropriate incident reporting (to flag issues as soon as possible).
Which elements of Equifax data breach might involve issues of legal compliance?
Aspects of this case that might involve legal compliance issues include; adherence to IT and legal ethics. For example, the failure of Equifax “To install a well-publicized security patch to an “Apache Struts” ( Kess & Primoff, 2017) caused the vulnerability which paved the way for the hackers.
What is Equifax doing about the data breach?
The company has agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories. The settlement includes up to $425 million to help people affected by the data breach.
How long did the Equifax breach last?
76 days
The activities went on for 76 days until July 29, 2017 when Equifax discovered the breach and subsequently, by July 30, 2017, shut off the exploit. At least 34 servers in twenty different countries were used at different points during the breach, making tracking the perpetrators difficult.
How did Equifax respond to compliance issues?
All the while, Equifax asked people to trust the security of the site, and to submit the last six digits of their Social Security number as a way of checking whether their information had been potentially compromised in the breach. …
Why did Equifax get hacked?
As determined through postmortem analysis, the breach at Equifax started on May 12, 2017 when Equifax had yet to update its credit dispute website with the new version of Struts. The hackers used the exploit to gain access to internal servers on Equifax’ corporate network.
Has anyone received money from Equifax settlement?
Where’s the money for victims? It’s been one year since the settlement involving tens of millions of victims of the colossal Equifax data breach received final approval and the deadline passed for filing initial claims. There’s still been no payout.
What are the 5 ethical issues?
5 Common Ethical Issues in the Workplace
- Unethical Leadership.
- Toxic Workplace Culture.
- Discrimination and Harassment.
- Unrealistic and Conflicting Goals.
- Questionable Use of Company Technology.
What you can do about that Equifax data breach?
CONSIDER SIGNING-UP FOR A FREE YEAR OF CREDIT MONITORING
What you should do after Equifax data breach?
Check if you were affected. The first step might be to visit equifaxsecurity2017.com.
What you should know about Equifax data breach?
What you should know about the Equifax data breach. Equifax gathers data from credit card companies, banks, lenders, and retailers without having to notify consumers and can possess critical information such as Social Security numbers, birth dates, addresses, and occasionally driver’s license numbers.
What do you need to know about Equifax data breach?
What You Should Do Find out whether your information is potentially at risk. Equifax has set up a website that allows consumers to determine whether their information was potentially compromised. Sign up for credit monitoring. Equifax announced that it would provide free credit monitoring to all U.S. Freeze your credit. Check your accounts.