TRANS UNION MAKES $245 MILLION IN 1ST QUARTER OF 2011

Trans Union announced its 1st quarter revenue for 2011 - $245.9 million an increase of 8.3% compared 1st quarter of 2010. Tran Union's operating income was $55.1 million, an increase of 19.5 percent compared to 1st quarter of 2010. The net loss from continuing operations attributable to Trans Union for the first quarter was $25.4 million compared to income of $25.0 million … Continue reading TRANS UNION MAKES $245 MILLION IN 1ST QUARTER OF 2011

EQUIFAX VOLUNTARY SECURITY FREEZE PROGRAM

According to Equifax, if you live in Alabama (a state without a state mandated freeze alert) you can place a freeze alert on your Equifax credit report under the Equifax Voluntary Security Freeze Program.  The security freeze is designed to prevent the disclosure of your Equifax credit report without your permission. Equifax asks for the … Continue reading EQUIFAX VOLUNTARY SECURITY FREEZE PROGRAM

EXPERIAN HIRES NEW MARKETING EXEC

Experian announced the addition of Paul Cannon to its Account Management team. Cannon will be responsible for managing and growing Experian's business with its clients and will report to vice president of Client Business Development, Jim Tobolski.  Cannon has 20 years of experience in selling consumer information, media research and software. Cannon will work for … Continue reading EXPERIAN HIRES NEW MARKETING EXEC

WHAT IS MY CREDIT SCORE?

Several factors influence your credit (also called your FICO or Beacon) score.  The categories of these factors include payment history, amounts owed, length of credit history, new credit and types of credit used by the consumer.  The importance of each category can differ from consumer to consumer based upon your their credit worthiness.  Payment history includes account … Continue reading WHAT IS MY CREDIT SCORE?

More than 1 Million Massachusetts Residents Affected by Data Breach

Over 1 million residents of Massachusetts residents have been the victim of a data breach between November 1, 2007 and October 31, 2009, according to the Massachusetts Office of Consumer Affairs and Business Regulation.  The Office monitors and enforces state data breach regulations.  To date, since November 1, 2009, an additional 59 data breaches have … Continue reading More than 1 Million Massachusetts Residents Affected by Data Breach

HSBC EXPOSED SENSITIVE BANKRUPTCY DATA

HSBC Bank says it found a bug in its imaging software that exposed the sensitive data about an unnumbered amount of its customers going through bankruptcy.  HSBC's notification letters informed its customers that sensitive information was viewable "as a result of the deficiency in software used to save imaged documents." According to an HSBC spokeswoman, … Continue reading HSBC EXPOSED SENSITIVE BANKRUPTCY DATA

Courts protect big companies from liability even when companies expose consumers to increase risk of harm

Last month, a disturbing opinion was issued by a federal judge in Missouri.  Amburgy v. Express Scripts was filed in the Eastern District of Missouri and the class representative alleged, inter alia, Express Scripts exposed thousands of consumers to an increased risk of harm as the result of Express Scripts' data breach. The defendant, Express Scripts, filed a motion to … Continue reading Courts protect big companies from liability even when companies expose consumers to increase risk of harm

Philly Hospital Laptop Stolen With Patient Data

A laptop computer containing Social Security numbers and other personal information for 943 people was stolen from a car outside the home of an employee of Children's Hospital of Philadelphia on October 2oth, 2009. The billing information on the computer was password-protected, but ananalysis found it was "possible to decode the security controls on the … Continue reading Philly Hospital Laptop Stolen With Patient Data

Laptop Stolen from Aurora St. Luke’s Hospital

A Milwaukee hospital is warning more than six-thousand patients whose personal identifying information may have been stolen.  A laptop was stolen from Aurora St. Luke's Hospital Center in Milwaukee's south side. The laptop contained personal information of thousands of patients that received in-patient care at  St. Luke's Hospital.  The patients affected by the breach should … Continue reading Laptop Stolen from Aurora St. Luke’s Hospital

FICO reveals credit report damage points data

FICO, for the first time, has publicly disclosed the extent of  "damage points" data on consumers' credit scores (aka beacon scores).  The FICO disclosures gives consumers insight into how many points will be deducted from their credit score when they may out their credit card, or declare bankruptcy. According to FICO, a maxed out credit … Continue reading FICO reveals credit report damage points data