- Joined
- Nov 8, 2012
- Messages
- 783
Last night I learned about the Equifax security breech and wanted to see if people here were aware.
Evidently, Equifax (one of the big 3 credit bureaus) was hacked. The hackers got the personal info of over 143 million Americans up to and including Social Security numbers, addresses, birthdays, credit card numbers, and credit history.
From what I researched, the waited 6 weeks after they found the breech before announcing it. The timeline went something like this:
Hacked in May, found out in July, and announced in September. In the time between finding out and announcing it, 3 of the top Execs (including the CFO) sold over $2 million in stock and someone (undisclosed) short sold a huge number of shares resulting in a $24 million gain. The execs claimed no knowledge of the hack when they sold their stocks...Oh really !!!
Here's links to a couple YouTube videos describing the whole thing better. Warning !!! the language on the second is on the rough side.
Evidently, Equifax (one of the big 3 credit bureaus) was hacked. The hackers got the personal info of over 143 million Americans up to and including Social Security numbers, addresses, birthdays, credit card numbers, and credit history.
From what I researched, the waited 6 weeks after they found the breech before announcing it. The timeline went something like this:
Hacked in May, found out in July, and announced in September. In the time between finding out and announcing it, 3 of the top Execs (including the CFO) sold over $2 million in stock and someone (undisclosed) short sold a huge number of shares resulting in a $24 million gain. The execs claimed no knowledge of the hack when they sold their stocks...Oh really !!!
Here's links to a couple YouTube videos describing the whole thing better. Warning !!! the language on the second is on the rough side.