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TransUnion breached, consumers' financial information exposed

Last updated

TransUnion has sent letters to consumers alerting them to a recent data breach that compromised a wide array of their personal and financial information.

On Monday, TransUnion reported a data breach with the Massachusetts Attorney General. It currently isn't known how many people were affected in the breach.

According to JDSupra, TransUnion said that the breach resulted in names, full Social Security numbers, financial account numbers, and complete driver's license numbers being compromised.

TransUnion has sent letters to all affected parties with instructions to help protect themselves from identity theft and fraud.

TransUnion is one of the largest consumer credit reporting agencies, collating information from more than a billion users globally and 200 million files in the United States alone.



13 Comments

macmaverickk 11 comments · 3 Years

Yay. Maybe we’ll get free credit monitoring services for the next year like Experian did following their data breach.

darkvader 1146 comments · 15 Years

Oh good, another pitiful settlement coming.
It's time to make these HURT.  We need corporate 'prison'.  Cease all operations for 20 years.

kiehtan 40 comments · 9 Years

That was Equifax, FYI

macmaverickk said:
Yay. Maybe we’ll get free credit monitoring services for the next year like Experian did following their data breach.

FileMakerFeller 1561 comments · 6 Years

darkvader said:
Oh good, another pitiful settlement coming.

It's time to make these HURT.  We need corporate 'prison'.  Cease all operations for 20 years.

It might be more effective to prevent them from offering services digitally for a given number of years/months. After all, if they've proven that their attitude to information security is lax and their adherence to various regulations and "industry standards" is flawed there is no justification for them to continue operating such services.

If there hasn't been a breach of their paper records, they can still use those. Otherwise, yank their financial services license. No way any organisation that can't keep its own house in order should be passing any sort of judgement on the suitability of an individual for anything.

zeus423 272 comments · 19 Years

It will take someone "important" to get hurt financially before any kind of real action will ever be taken against these negligent companies.