Equifax Data Breach Leaves At Least 143 Million Consumers Credit At Risk: CFPB Rule Allowing Consumers To Seek Class Action Suits For Corporate Wrongdoing In Jeopardy
Equifax data breach leaves at least 143 million consumers credit at risk: CFPB rule allowing consumers to seek class action suits for corporate wrongdoing in jeopardy
Record-breaking back-to-back hurricanes in Houston and Florida brought unprecedented winds and rains affecting millions of Americans. Yet another storm just as brutal but financial in nature is also raging and affects at least 143 million Americans, as well as consumers in Canada and the United Kingdom: the Equifax data breach that took place from mid-May to July of this year.
On July 29, Equifax, one of the three major credit reporting corporations, discovered that unauthorized data access had occurred. Yet it was not until September 7 when the multi-national data breach was announced publicly. This massive cybersecurity breach includes federal income tax records, …