0. GAO was asked to report on the major breach that occurred at Equifax in 2017. GENERAL BACKGROUND A.THE RISE OF DATA BREACHES While technological advancements can have many benefits for modern day consumers, these same technologies can create massive harm.9 Today, we live in a “big data” world.10 Most consumers use credit cards and debit cards, and personal information is regularly exchanged on websites every First, we have given the background of the company, then we discussed case study we have chosen a massive data breach incident that has been labelled as the largest corporate data breach in US history – ‘The Equifax data breach 2017’. CS5052NI Professional Issues, Ethics and Computer Law 6 Sailendra Bhantana Background of the scandal On September 7, 2017, Equifax – one of the big three credit bureau announced a data breach which affected over 147 million consumers, or 56-percent of American adults, making it one of the largest-ever breach of consumer data in history. The Anatomy of a Breach The recent breach of Equifax provides a timely case study on how breaches occur.9 While a single command may be executed at a speed fast enough for the computer to process it, full attacks are done by humans, and as such, occur at human speed. The breached sensitive data/information included … This case study focuses on What, Why, Who, How and suggests possible prevention of the breach and Equifax response to the cyber security breach and summarizes the mistakes taken but in mostly relating to a failure to use recognized security practices and a lack of … Equifax, one of the largest credit bureaus in the US, said on Sept. 7, 2017 that an application vulnerability in one of their websites led to a data breach that exposed about 147.9 million consumers. The whole paper has been divided into 8 sections. 2018] The Equifax Data Breach and Legal Recourse 217 I. Breaches can be understood through an attack framework.10 On September 7, 2017, Equifax announced that a massive cybersecurity data breach had occurred in its data systems from mid-May through July 2017. The Equifax Breach is a Case Study in Why We Need a National Data Notification and Protection Law: Picks of the Week “The Time is Now for Congress to Act of a National Data Breach Notification Law” | The Hill “Equifax Breach Prompts Scrutiny, but New Rules May Not Follow” | The New York Times “The single most depressing thing about the Equifax breach” | The Washington Post The breach was discovered on July 29, but the company says that it likely started in mid-May. Data breaches at Equifax and other large organizations have highlighted the need to better protect sensitive personal information.
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