New York Attorney General Eric Schneiderman on Friday said he has launched an investigation into credit reporting company Equifax’s massive data breach. Equifax said Thursday that the breach could potentially affect 143 million consumers in the United States, and more than 8 million New Yorkers. With a U.S. population of about 324 million in 2017, […]
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IF THERE is a consensus at the moment, it is that the global economy is finally managing a synchronised recovery. The purchasing managers’ index for global manufacturing is at its highest level for six years; copper, the metal often seen as the most sensitive to global conditions, is up by a quarter since May. But […]
Read moreIts plot is as Indian as they come, featuring murky dealings behind the razzmatazz of a hugely popular cricket league. But the drama series Inside Edge, launched by Amazon to rave reviews in June, is proof of a rising foreign presence in India’s fast-growing online entertainment business. US giants Amazon and Netflix are both ramping […]
Read moreCredit-reporting giant Equifax was hit with a class-action lawsuit within hours after disclosing that a cyberattack had potentially compromised personal information for 143 million U.S. consumers. Filed in Oregon federal court late Thursday, the civil action accuses the Georgia-based company of failing to maintain adequate electronic security safeguards as part of a corporate effort to […]
Read moreThe price of bitcoin fell sharply after a report China’s regulators are planning a further crackdown on the digital currency. Local outlet Caixin is reporting the Asian country is planning to shut down local bitcoin exchanges, according to a Google translation. Bitcoin’s price fell 7 percent Friday following the news, according to Coindesk market data. […]
Read moreCongresswoman Maxine Waters, a ranking member of the United States House Committee on Financial Services, called Friday for a complete overhaul of the credit reporting system in the U.S. Waters’ statement came a day after Equifax disclosed a major breach of its systems, in which private data on as many as 143 million Americans, including […]
Read moreTo protect yourself in the wake of the Equifax data breach, presume the worst. “The first assumption a consumer should make is that they are affected,” said Neal Creighton, chief executive of security firm CounterTack. Equifax announced late Thursday that it had suffered a breach potentially affecting 143 million U.S. consumers. (For perspective, the entire […]
Read moreGoodyear is testing a smart-tire that, much like a Fitbit, relays condition information based on cloud computing analytics. The U.S. manufacturer has teamed with California-based car service Tesloop to gauge the efficiency of a tire embedded with a sensor that can monitor metrics such as pressure and temperature. While many vehicles today are equipped with […]
Read moreAnalysts are worried Equifax’s data breach crisis may cost the company hundreds of millions of dollars and hurt its reputation for years to come. Equifax, which supplies credit information and other information services, revealed on Thursday that it suffered a data breach that could potentially affect 143 million consumers. The company said 209,000 credit card […]
Read moreAt least 32 people were killed after a massive 8.1 magnitude earthquake, one of the biggest recorded in Mexico, struck off the country’s southern coast late on Thursday, causing cracks in buildings and triggering a small tsunami, authorities said. The quake was apparently stronger than a devastating 1985 temblor that flattened swathes of Mexico City […]
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