Linked by Thom Holwerda on Thu 7th Sep 2017 23:45 UTC

Equifax Inc. today announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized activity on Equifax's core consumer or commercial credit reporting databases.

Names, social security numbers, birthdays, addresses, driver's license numbers, credit card numbers - this is a very big breach.

Interestingly enough, three executives of the credit reporting agency sold their shares in the company days after the breach was discovered.

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Nope, not just about fraud. The research is and states mainly data entry errors that do genuinely result in multiple people being assigned the same number. mentions a non fraud example. Similar name, same birth date, ended up entered as the same number.

While conceptually SSN supposedly being a unique number suggests it is great for a unique key, in practice it isn't, whether that be fraud, or the most likely, as concluded by the research mentioned, simple human error.

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