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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.

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13 Comments

macmaverickk 4 Years · 11 comments

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

1 Like · 0 Dislikes
darkvader 16 Years · 1146 comments

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

10 Likes · 0 Dislikes
kiehtan 10 Years · 41 comments

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.

2 Likes · 0 Dislikes
FileMakerFeller 7 Years · 1563 comments

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.

5 Likes · 0 Dislikes
zeus423 20 Years · 280 comments

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

4 Likes · 0 Dislikes