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Business Insider Equifax Fraud Essay

988 Words4 Pages

We domicile in a digital era where computer technology is rapidly advancing and reshaping the cyber world, both government and private sectors are heavily reliant on information systems/ computers to execute everyday operations. As time progresses private/government sectors and business are encountering emit cyber threats which penetrate and compromise network databases in all entities. However, with each mandated patch designed to encapsulate the vulnerability follows a newer more sophisticated version of the latter threat. Even then entities continue overlooking the severity of operating infrastructures with diminutive security and no systematic measures; when consumer proprietary and sensitive data are developed, contained, and transmitted …show more content…

In rare cases, data leaks occur due to human error or simple mishap, although Equifax’s situation utter slothfulness caused its compromise (Sweet). According, to Business Insider Equifax’s massive software invasion was avoidable, but they delayed employing system patches. The threat resonated in Apache Struts an open-source software containing a technological crack hackers utilized to corrupt the software and extract- full legal names, addresses, birth dates, and social security numbers. Equifax announced its massive data breach around September 13th, 2017 whereas, the compromised transpired during July 2017 (Sweet). This delay in informing the public is preposterous, leaving Americans wholly susceptible to any and all illicit activities. Equifax plays a pivotal behind-the-scenes role in the financial livelihood of millions of Americans, given the circumstances their actions may negatively impact millions of people's futures.
So, how will Equifax go about rectifying this enormous disarray bestowed upon millions of adults? They immediately categorized this attack as “zero-day” suggesting it was a first-time occurrence, therefore, no possible patches at the moment. All customers will receive free credit monitoring service as if that is enough to eradicate data from the dark web. I believe organizations exhibiting criminal misconduct should be held accountable for their

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