Equifax

In the United States, the Fair Credit Reporting Act represents organizations that arrange credit reports. These organizations range from the enormous three credit reporting offices, Experian, Equifax, TransUnion, to claim to fame credit reporting offices that oblige particular customers including payday loan specialists, service organizations, gambling clubs, proprietors, medicinal administration suppliers, and managers. One Fair Credit Reporting Act prerequisite is that the shopper credit reporting offices it administers give a free duplicate of the credit reports for any purchaser who demands it, once every year. The administration of Canada offers a free distribution called Understanding Your Credit Report and Credit Score. This distribution gives test credit report and financial assessment archives with clarifications of the documentations and codes that are utilized. It additionally contains general data on the most proficient method…

Ethics are important in all aspects of life because they govern interactions that are considered socially acceptable. Ethics are important particularly in business, because when violated, can have serious ramifications for the success of a company and the welfare of its customers. Unfortunately, breaches do occur, most recently in the case of a credit card data company from Georgia. Equifax committed a serious breach of ethics after not preventing, detecting, and reporting an information systems…

living, how interest rates are handed out on credit cards and even how your car insurance company calculates the risk to its policy holders. This kind of thinking could be a curse and a blessing depending on what side of the credit score you are on. Equifax is a credit card company that started off as a small grocery store in Tennessee in the early 1898 by two brothers named Cator and Guy Woolford, where he was the supervisor for credit worthiness for customers for that association. The two…

Case study 4 – Equifax 15 September 2017 Equifax, a consumer credit reporting agency had its security breached. This issue is affecting individuals all over the world. Personal information of people has been accessed by cyber criminals who hacked into the database of the organization. It is known as one of the worst hacks ever due to its range and the information that was exposed to the public. Equifax have been called out by the public for a scarce response to the data breach that happened…

Company Name and Location Founded in 1899 as a small credit company, Equifax was incorporated in 1913 and has its headquarters in Atlanta, Georgia. This company has four major operational segments mainly the US information solutions, the international segment, the global solutions segment and the workforce solutions segment (Reuters, 2018). Company Industry and Purpose Equifax Inc. is a multinational dealing in the provision of human resource solutions and information services to businesses,…

The Equifax disaster points to a much bigger problem. -Rhetorical Analysis This is a rhetorical analysis of the article “The Equifax disaster points to a much bigger problem” written by Herbert Lin. Let us start with the writer himself; he is a senior research scholar for cyber policy and security at the Center for International Security and Cooperation (CISAC) and Hank J. Holland fellow in Cyber policy and Security at the Hoover Institution both of which are located at Stanford University.…

Following the Equifax data breach, the demand—the desire, willingness, and ability to pay for a good or service by consumers—for Symantec’s LifeLock identity protection services has soared, and the demand for Equifax’s similar identity protection services has dropped significantly. The relationship between the demand for a good and the price of a substitute good—a good that serves the same purpose—is usually direct: as the price of a substitute decreases, the demand for the original good also…

This is the only one of the big credit reporting agencies for businesses which doesn't also report on individuals' credit scores (the third reporting service for individuals is TransUnion). You can get your PAYDEX report here and, if you need to, you can contact their Customer Service department (this department is a part of Dun & Bradstreet itself) here. Also, D & B's PAYDEX Customer Service phone number is here. D & B also offers Credit Signal, a means of keeping track of your credit score by…

lower the risk, according to banks and lenders. The actual score is a three-digit number that can range from 300-850, depending upon the agency providing the information in your credit report, with 850 being nearly perfect credit. There are three credit-reporting agencies in the United States: TransUnion, Experian and Equifax. Each agency calculates your score based on a scoring model developed by the Fair Isaac Corporation, which includes information creditors send to the credit reporting…

regards to using computers to commit crimes. Both of these theories suggest that computers make it easier for an individual to commit a crime because they are detached from the physical components of a social situation. However, they certainly have fundamental differences as well. More specifically, criminal deterrence theory explains how the actual act of committing a crime may be conducted easier by using a computer. Alternatively, social control theory explains how it may be easier for an…