Equifax One Of The Largest Credit Card Reporting Industry

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There are many organized groups of hackers that are going to be engaged in trying and accomplishing to stealing massive number of identity and credit cards for fraud globally. Cyber hacks focus on manipulating digital data in order to operate their nefarious way to steal information, gather money or many other purposes. This threat made by cyber attacks is with the purpose of stealing information such as social security numbers, birthdays, addresses, and driver's license numbers which would leave individuals as a suitable target for identity theft. Equifax one of the largest credit card reporting agency which company was who was affected by the hackers, they establish that 143 million of credit card users were exposed to a cyber hack threat …show more content…

But wasting time in informing customers puts their customers at a highest risk from any threats while these companies choses to avoid consequences. This scenarios give us an illustration of how companies can easily prioritize their bottom line over customers. This kind of threat involves financial security and privacy, it’s unsafe when personal information data becomes digitally accessible. This decision in delaying to tell customers about being hacked with their personal information it’s consider by company self interest. But also there are reasons why companies choose to wait before informing customers through media. In some cases they are cooperating with law enforcement agencies who don’t want to sabotage their investigation into the source of the hack which make this kind of threat some source of classified information. Companies also might not be aware the damage cause by hackers, requiring time to investigate before letting users know. Because our society knows the importance of our personal information and what others can do with it. This companies and cybersecurity experts are not trying to drive people on panic. In the other hand, companies know that they would loose popularity and business which lead them in a scenario that they take time to inform costumers. Not giving costumers enough time to defend themselves leave us in a …show more content…

My references for this opinion is that, by hacking credit card companies. Our personal information, saving and business are on risk. This should never be tolerated and needs more attention than it has being giving. Companies should have more protocol and security so hackers cannot brake into their systems. Personal information should be safeguarded. Cyber crime tends to be more serious than real life crime, for the sole reason that it usually affects millions of web users at once for example the Equifax case were millions of personal information was hacked, as compared to perhaps one bank or store in a real life robbery Cyber hacks tends to be more serious because in many cases you can’t call a police officer at the moment. Hackers could be stealing money from your bank account and you won’t even realize it. Not all people are victims to cyber crimes, but they are still at risk. As difference of a theft that tries to robber you with caring a gun, hacker could live away from its victim, and they wouldn’t even know they were being hacked. Crimes done behind the computer are the now-a-days problem. With the technology increasing, criminals don’t have to rob banks, they don’t have to be outside in order to commit a theft crime. They have everything they need on a computer. It’s unlike impossible to prevent someone from stealing the information stored in a database. But you

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