EQUFAX IS DONE FOR

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MANAGEMENT SOLD ALL THEIR STOCK BEFORE THE HACK WAS REVEALED

CFO DUMPED ALL HIS STOCK

THEY'RE ALL GOING TO JAIL BIG TIME

STOCK CRASHING

https://twitter.com/markets/status/905917693869641729

SELL SELL SELL

>>3385702
welp. time to get fucked burgers

>>3385702
CREDIT BTFO
FIAT BTFO
JEWS BTFO
CRYPTO WINS ONCE AGAIN

> file credit inquiry with Equifax to verify I wasn't a victim of credit card fraud
> get all my info doxxed

JUST

>tfw not a burger
Feels good mayne

>The breach was discovered July 29.

what the fuck took them so long to act?

>>3385702
HOLY FUCKING SHIIIIIIIIIIIIIIIIITTTTTTTTTTT

>>3385702
Getting the 'Trump is finished' vibe

its not over

>>3385828
The executives had to sell off all their stock.
No shit.

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>>3385823
>> file credit inquiry with Equifax to verify I wasn't a victim of credit card fraud
>> get all my info doxxed
Unbelievable, I mean really, how the hell would they get hacked so easy considering all the information they're holding. I'm willing to bet all the info is encrypted somehow, r-right g-guys? RIGHT?

>>3385926
plaintext notepad file, password is CEO's birthday

THIS WORLD IS RUN ON INCOMPETENCY

HOW CAN YOU TRUST BANKS, CREDIT AGENCIES, ANYTHING LIKE THAT WITH YOUR INFORMATION? HOLDING CRYPTO AND MOVING OFF THE FUCKING GRID

What a fucking bunch of Jewish crooks

BUY FACTOM NOW

FACTOM PREVENTS THIS KIND OF SHIT

>>3385960
What's amazing is that to be a "good" CEO or run a company you have are supposed to be smart.
The "smart" people running this world are all fucking retards.
Well, ignorance or malice.

>>3386005
It's like they all bullshit their way through or have ulterior motives. I'm willing to bet they sold high and will buy back low, if they don't end up in jail for securities fraud.

was it Russian hackers?

But what does this really mean?

Something tells me this timeline is going in my favor.

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>>3386169
it means your credit card information is in the hands of Kim now

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could this have been avoided with blockchain technology

>>3386257

Yes but it could also have be pre-avoided if the fucking piece of paper known as a social security card wasn't an official "identification" card

>>3386169
It means that those fucking pajeets are going to try to fuck everyone that had their shit leaked in the ass, those insectoid chinks as well.

>>3386257
yup, because the only vulnerable spot in crypto is your private key, which isn't going to be hosted on some massive conglomerate's server.

>>3386284
crypto needs 2 factor auth desu

I hope you all realize this is the american version of the Greek banking crisis.

People are going to move to Crypto to secure their funds using crypto backed cards that don't require an SSN and platforms like SALT that allow them to take loans against them.

Like holy fucking shit you don't understand how huge this is for Crypto.

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>>3385702

Debt record erased to zero.

Reposess your soul!

>>3386005
>>3385960

the people who actually run the world aren't stupid, they're sociopaths and value personal gain beyond maintaining their position/office/integrity

>>3386383
i just wish my bank had actual fucking 2fa support

not this fucking "we will send a text to your phone number" shit, since anyone who knows your name can get your phone number/

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>>3386440
>mfw I have no debt because I'm fiscally responsible

>>3385702

>No 2fa

When will they learn.

>>3385754

>implying I don't use superior TenX crypto cards.

>>3386525

U missed out on Yo chayance ta get witch yo

http://www.marketwatch.com/story/equifax-executives-sold-stock-after-data-breach-before-informing-public-2017-09-07

>Trumptards and lolbertarians will defend this

Stock cucks just got BTFO.

>>3386487
What? You need to receive the text message. You phone number isnt enough.

I've never used Equfax, but how can I tell if my data's compromised?

>>3386560
hahahahah wow

>>3386637
They can walk into T-Mobile and say "hi, I'm Jack Bizbro, I lost my phone with my sim card in it. I have this other phone as a backup but I still need me sim card. Can I please buy another sim card but keep the same number I had before? Okay thanks!"

And then when they want to steal from your bank account, they will receive the text message - not you.

Read this:
https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac

Phone-number-based 2FA is really insecure. And even if you get lucky and the person working at Verizon actually asks for the last four digits of your SSN, an attacker could easily have those digits from this Equifax hack.

It's still better than not having 2FA at all, but you really want something more secure than a phone number. That's why crypto exchanges support authy or google authenticator.

Also, the information lost is enough for a hacker to open up bank accounts in your name and probably also claim your tax returns, so try to turn on 2FA for that if possible. Someone at work told it could be done and I haven't looked up how yet.

I'm laughing so hard at the moment.

The agency that manage the debt slave population of america...

They don't protect well their fucking data...

The top management sell their fucking stocks before the announcement...

America is not only producing good TV shows, it is a good TV show.

>>3386727
America's not a country, it's just a /biz/ness. Now fuckin' PAY ME!

https://www.youtube.com/watch?v=Pp6-VLpWgRo

>>3386727
So are these guys gonna go to jail for insider trading since apparently everyone knows what they did... or....?

>>3385753
>The trio had not yet been informed of the incident, the company said.
https://www.bloomberg.com/news/articles/2017-09-07/three-equifax-executives-sold-stock-before-revealing-cyber-hack

Wow, what a coincidence!

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>Your enrollment date for Trusted Premiere is xx/xx

>>3386798
>>3386793
my question is - these guys are fairly successful CEO types, many years of industry experience and exposure. How the fuck did they think nobody would notice? Or are they so brazen that they simply don't give a fuck and believe they won't ever see the inside of a courthouse because 'muh corporatocracy'?

>>3386834
>Or are they so brazen that they simply don't give a fuck and believe they won't ever see the inside of a courthouse because 'muh corporatocracy'?
What do you think? It's America.

>>3386825
DO NOT ENROLL IN TRUSTED PREMIER

PART OF THE USER AGREEMENT IS YOU CANNOT SUE THEM FOR ANY LOSSES

>>3386663
Fucked up thing is it doesn't matter if you've used it. Financial institutions send them your info. 50-50 chance your personal information got hacked from someone you never explicitly gave it to.

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>>3386825
>Offering Trusted Premiere FREE (*only for 1 year)
>Enrolling in Trusted Premiere waives your right to sue
>Checking if your data was compromised auto enrolls you in the program

>>3386855
I just wanted to see if my info was exposed, it didn't give any fucking notice of such a term, am I already fucked or can I just not finish the enrollment process and join in with any class action that takes place?

>>3385926
"hacked" it was probably sold, not hacked.

>>3386002

This is actually a good idea

>>3385942
CEO has all passwords same as his ashley madison info, no 2fa

>that moment you realize most CEOs and people in positions of power are pleb tier brainlets
>tfw it doesn't matter if you're smart - most success in life is aggregate of familial generational wealth and opportunity

>>3386884
You're fucked anon. We'll all be driving lambos after the class action and you'll be holding your bags.

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>>3385702
Eh, I'm not worried. I could be dead instead.

>>3385802
>CRYPTO WINS ONCE AGAIN

-coinbase
-digital currency group
-larry summers
-treasury secretary for clinton

Last time I checked you needed all the forms of identification you needed for a bank to open a coinbase account.


>JEWS BTFO

-coinbase
-digital currency group
-larry summers
-treasury secretary for clinton


>FIAT BTFO

-coinbase
-digital currency group
-larry summers
-treasury secretary for clinton


>CREDIT BTFO

-coinbase
-digital currency group
-larry summers
-treasury secretary for clinton

You see how it is all the same circle anon?

Crypto the new boss....just like the old boss

You lose your soul again.

>>3387059
Fuck em, I'm pretty sure that if I never clicked anything saying "I agree to the terms of service" they can't pull a fast one like this otherwise every other company on the planet wouldn't make you click something saying you agreed.

>>3387095
nice schizoposting you fucking mong

There goes my 401k

FUCK

>>3387095
>muh normiebase
>localbitcoins isn't a thing
>trading gift cards for crypto isn't a thing
>bitcoin atms aren't a thing
>thinking crypto is centralized and using one fiat onramp/offramp as your entire argument
Brainlet nocoiner detected.

>>3387105
wut

You don't like alt leftists facts?

>>3387069
<3 russian singing girl

https://www.youtube.com/watch?v=ozYao1Mju7A

>>3387127
Exchanges have been hacked multiple times anon. Nothing is safe from the Koreans.

>>3385702
Well, I'm sure it will cause eth to tank...

>>3387136
Which is why I don't keep crypto on exchanges for lengthy periods and even during short periods its only a small fraction of my stack. Crypto is entirely about decentralization and being your own bank if you're trusting a 3rd party to secure your shit you're a fool.

>>3386663
they set up some website to check i think. becareful obviously.

>>3386663
>>3387246
do NOT check using Equifax's website. Part of the user agreement is you will never sue them.

>>3387270
just read that in thread good catch anon, didnt realize.

>>3387127
>muh localfedcoins cause muh normiebase was infested with leftists
>gift cards help the fed meet inflation targets
>bitcoin atms love fees and love to track you
>crypto is centralized and pretending it's not because it shatterz your whole ideology doesn't change that fact

Huge brainwashed leftists coinfag detected

Don't you have some more alt coin memes to create?

How else will you be able to bid rig papa bitcoin to the moon?

>>3387330
>crypto allows you to evade bank controls
>crypto allows you to evade payment processing controls
>crypto allows everyone that gets blacklisted for unacceptable political views to still send money around
>MUH FED COIN, THIS IS TOTALLY THEIR OWN DOING TO REDUCE THEIR OWN CONTROL
No help for people retarded as you I'm afraid, you're a useful idiot.

>>3387330
you nocoiners are going to turn insane when BTC reaches $10k

>>3387316
Holy fuck reddit is fucking retarded

>>3386685
Honest question, is this as high of a risk with a phone provider with no brick and mortar stores?

>>3387373
normies cant handle the truth.

>>3387316
I'm not helping you. The later the normies come, the later come stricter regulations. We need as much time as we can get.

>>3387270
I already did
Am I fucked?

>>3387529
My bet is that this bullshit won't stand in court, they didn't even make us click anything saying we agreed to the ToS. Also you could always say your girlfriend/wife/parent/whatever checked for you and you didn't yourself, how would they know?

>>3387393
I honestly don't know.

In theory, they don't even have to go to B&M if they can call up and say their using their friend's phone and please send them a SIM / activate their new SIM with your number? I don't know if places would have policies in place to check if your SIM was actually being used or if their customer service reps would just give them what they asked for to get them off the phone.

Regardless of whether it's a brick and mortar place, you're trusting them to keep your phone number secure.

>>3387607

banks and courts are the same people so they will side with the bank for making the effort of putting the notice that they probably had a legal expert approve beforehand

>>3387622
It really pissed me off when GDAX forced 2FA on phones, I used to have it on my PC which is obviously more secure than a phone that can be social engineered. Immediately pulled the small trading stack I had on there.
>>3387636
Equifax isn't a bank, ToS have been tossed before, and any lawyer handling the class action would be a very high profile lawyer getting millions. This shit won't fly.

>>3387636
equifax isn't a bank, they are a credit institution. They are the people that tell banks if it's a good idea to give you a loan for a car or house.

>>3387607
so with all my credit cards what can we do? I don't think all my credit card logins allow 2FA. And what about my school grants, people can apply for and steal my Pell now? I mainly use Experian and had all the account protection stuff set up on there including identity theft protection but does that do anything to protect the things leaked from Equifax?

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Is this a good time to buy Equifax stock?

We all know the company is too big to fail, so when people get over "muh privacy" and the stock inevitably recovers, we could make bank.

>>3387751
nah

short that shit until it stops dropping

>>3387704
>2FA
You should be more worried about this on any crypto exchange accounts you have. Particularly as anything that happens won't be able to be rolled back whereas with credit cards nearly every company will pay off charges if you contest them within 30 days.
>credit cards
Mainly monitor them, immediately call if anything pops up you didn't do.
>school grants
Not too knowledgeable about this one honestly.
>does identity theft help at all
It helps a bit because you should still receive the regular alerts if someone tries to do something in your name for instance.

>>3387767
Yeah I have 2FA set up on all my crypto accounts and email accounts already since I started dealing with big money. Thanks for info tho I dont feel much safer

>>3387751
Short it, it won't recover that quickly. I'd say a large chunk of people won't even find out about this till tomorrow at work.

>>3387751
do not catch falling knife. Wait for bottom

>>3385702
Does anyone know if their employment history database got breached as well? That would be the really scary thing; far more than the credit database.

Here's a sample report from their employment history system:
http://www.theworknumber.com/samples/The-Work-Number-Employment-Data-Report-EFX-WS-0205-11-21-14.pdf

* Wage history
* Deductions
* Insurance info
* job performance evaluations
* Workman's comp claims

And much more; very helpful in identifying targets.

>>3387791
>Yeah I have 2FA set up on all my crypto accounts and email accounts already since I started dealing with big money.
Keep most of your holdings in private wallets, particularly if you do have a lot of money in this.

>>3387821
They've not said that it wasn't breached so I'm just going to assume it has been. Doesn't really hurt to assume the worst and be pleasantly surprised if its not quite that bad.

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OK, I wanna know: what should I do now? I have 4 credit cards for the last year, I been building up my credit after years of a low score and no credit card use, I am now at 650 and I am trying to break the 700 wall, I don't wanna get my score fucked up again after defaulting and being dumb with my first and last credit card a decade ago in college, so what do i gotta do to stay safe...?

>>3387059
Yeah, good luck getting more than 20 bux from the class action

>>3387971
If you live in CA; it looks like they might have exceeded the deadline for notifying you of the data leak. I think the penalty for not notifying you is to pay you $3k instead.

It might be time to read up on that law, and how to file claims.

>>3387704
Just do a credit freeze

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>>3387316

Who cares, let them rot

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>non-coiners

>>3386834
greed knows no bounds

>>3385960
FUCK OFF SHIT COIN SHILL, YOU GUYS RUINED /BIZ/. LEAVE THE ONE AND ONLY /BIZ/ RELATED THREAD ALONE BITCH.

>>3388496
This affects crypto traders too as they can use the info to try to use social engineering to get into our exchange accounts.

>>3387316
fuck off with that shit fag. it's off topic.

>>3386277
This desu. if the numbers are confirmed to be even a tenth of what they are said to be, the government will have to start moving to reissue ssn's. This will cost millions upon millions of government dollars, and will probably fuck many of the schmucks (me) who flipped a coin and lost. Funny how a company you have never heard of and have never dealt with before can fuck you because of frankly lax security standards.

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>>3388496

>>3386390
Interesting, I didn’t even think about it this way, although the first thing I thought was “this wouldn’t happen in a mature crypto world”.

Maybe this will wake up the normies a bit.

>unironically holding rothbucks in current year

>no credit card
>less than 1k in the bank
>nothing of value to gain by stealing my info
>a total loser by society's definition
I could not care any less.

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>the solution to debt based physical fiat money is to switch over to debt based imaginary fiat money

>Are you a fucking retard? For one, you need power, a computer and internet connection just to make it work. Who's going to be providing your internet when the economy collapses? You think they're going to accept your shitcoins? Second, with the advent of quantum computing your encryptions are going to get fucked the shit up. It won't be long before the Jews get their claws into this and it gets manipulated to high hell. The only way to be safe is to buy gold and silver.

From the /pol/ thread on this, top kek will they EVER learn?

>>3388552
They will blame this on the russians to deflect like the faggots they are.

>blaming the victims of the hack
>not blaming the hackers
good job /biz/

>>3389165
>>3389165
>>3389165

>Letting your current opinionated bias stop you from making money in a nascent bull market.

/pol/ really is stupid.

>>3389283
>believe that society is going to break down and all the survivors will end up living in holes in the ground and living off of beans
>still buy gold and silver
Yeah, they are.

>>3389258

>entity that profits off sensitive personal information that could harm people if not kept securely did not do so
>not blaming them entirely

I hope they go the way of Anderson Cooper. So other companies get the point.

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>>3385702
>Dropped out of college because I couldn't afford it
>Work retail for $11 an hour
>Get thyroid cancer (yes I'm that anon and it's still not confirmed but tomorrow I get to chose between getting half of my thyroid ripped out, or the whole thing)
>Start making gains on crypto
>"finally my luck's turning around!"
>Equifax hacked
>Never personally dealt with them, but the new metokur video made it clear that it was still worth checking out
>Sure fucking enough, my entire life has been compromised!

Lads, I'm...
I'm legitimately starting to get depressed here. Is it R9K and suicide hotline time?

>>3388552
Equifax is going to be fined to the ground. They're paying for the new SSN cards.

So, will this stock fall to $70? Or lower?

>>3389462
but they did keep it securely

>bank gets robed
>blame the robbers not the bank
same thing applies here.

>>3389145
Doesnt matter retard. They can take your social, open credit with it, and if you dont report it in you legally own that debt

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>>3389602
Just wait for NYSE to open. Everything is going to crash.

>>3389512

I got affected too but let's put this into perspective. You really are only affected by this if you are working age. So if we look at Fed data at https://fred.stlouisfed.org/series/LFWA64TTUSM647S, you can see that there are over 203 million working age adults in the US. 143 million hacked and if you do the math, you get that this hack had over 2/3s of all working age adults in the US included. That is a lot of people besides you that are hurting right now.

>>3389570

I want them to move away from SSN cards. It was never meant as a means of identification. It's made out of cardboard for heaven's sake with no lamination but everyone piggybacked off it because the Social Security program had the largest registry of working adults at the time with convienent numbers. I am not opposed to a national US ID card but I know others are for privacy purposes but let's face it, if we don't have one, we'll get fucked over more staying on SSN with incidents like these.

>>3389603

>did keep it securely
>application vulnerability
>3 months of undetected unauthorized access

Yeah no. It's like leaving the bank safe open and having no cameras looking at it.

>>3389667
you have no idea what lengths companies go to to protect data. it was probably an undetectable zero day. nothing they could have dont to prevent it

stop victim blaming

>>3389729
stop white knighting for a fucking megaCorp that just fucking shit the bed - and waited to tell us about it while they were dumping shares onto unsuspecting traders

>>3389738
justice demands that the hackers are jailed. stop trying to protect them

>>3389751
> me ripping equifax a new onefor hiding important information from investors =/= defending the shit head hackers

logic kek

they should all be jailed

>>3386881
This cant be real, or is it?

>>3385753
isnt that insider trading?

>>3389793
Yes, but good luck proving a ceo would willingly do this.

Then again martha steward was arrested over shorting 50K worth of stock.

I feel perhaps these guys wont.

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At this point every financial institution in the US just needs to stop giving out credit cards, loans, and everything else because it's pretty much guaranteed that everything will be fraudulent forever now.

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Give it to me straight /biz/

How fucked is the economy? Should we expect a crash?

>>3389771
we're on the same page then. insider trading is illegal. hacking is illegal. the company at large isnt to blame tho

>>3389800
>Yes, but good luck proving a ceo would willingly do this.

That's not how insider trading works. If it looks like you're guilty, you're guilty and fucked.

Even if it was a coincidence, they are the unluckiest faggots ever and probably still going to jail. They should donate all that money to charity and flee the country.

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FUCKING EQUIFAGS

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>>3389977
wrong one

>>3389800
>Yes, but good luck proving a ceo would willingly do this
Dont have to. Their actions alone are evidence of guilt.
Whether theyve paid the 'justice system' off or not is another story though

>>3387104
Anon you are auto enrolled for your own protection. Be thankful.

>>3389789
lol looks like it is real

>>3385802
I dont think there's a correlation between stocks and crypto.

A sudden hyperinflation might attract people to crypto though. Something we'll probably see in our lifetime.

>>3386727
The presidential election was some good fun, we don't have that kind of thing in Yurop. The French election hot pretty close tho, with two meme parties in the finale.

>>3386560
I was fairly sure the financial industry is regulated, why didn't government work this time? TLDR; nothing can stop bad actors, bad things happen.

>>3386884

Conveniently (for Equifax), those who sign up for TrustID might waive their right to any class action lawsuit against the company, as stated at the bottom of TrustID’s terms of service.

Aha. Wow. Top teir jewery right here.

Plz reply to this post so other anons see this and don't sign up.

>>3386005
They are psychopaths. They know what they are doing. They just don't care.

Employee here, scared of losing muh job.

>>3391151
>>3391151
>>3391151
(you)

>>3391151
Don't tell me that little ToS would actually fly in court and not get thrown the fuck out because of how big this entire leak is. It wouldn't, right?

So if I tell my bank to freeze everything in my name for the next month or two as soon as they open, and never owned a credit card before, what're the odds I'm going to be hacked anyway?