T-Mobile and Experian have been victims of a massive data breach. As of now, 15 million of their customers are at risk to have their personal information compromised. No one has claimed responsibility for the breach. Relevant authorities and consumer groups are conducting investigations on whether the breach was negligence on the part of T-Mobile and Experian. One thing is for sure… It’s time for corporations to start to see cyber security as a crucial asset to their businesses.
The customers affected by the breach are the ones who required a credit check at T-Mobile. The company that provides the credit checks for T-Mobile is Experian. The ones who submitted a credit check applications from Sept. 1, 2013 to Sept. 16, 2015 are at risk of identity fraud and theft. The information stolen includes name, address, birth date and Social Security numbers. ID numbers were also taken; the particular type of ID can range from a driver’s license to a passport. It’s speculated that the perpetrators will sell the information on the black market through the deep web.
As a result of the data breach, T-Mobile and Experian have been placed on the hot seat. As they have received five lawsuits accusing the companies of “negligence and violations of consumer protection”. The plaintiffs also mention how the information is already available on the deep web. It’s recommended that anyone who is affected by the data breach take measures to minimize the risk. Experian, at the request of T-Mobile, has began to offer free credit monitoring for the customers affected by the breach.
The hack came to the attention of U.S. Senators Richard Blumenthal, Bill Nelson, and Brian Schatz. The Senators stated the dangers of having information stolen like Social Security numbers. They believe there’s a need for legislation to ensure data security. The Senators are not the only ones upset by the breach. Many consumer privacy groups are requesting a US Federal Trade Commission (FTC) to carry out an investigation into the breach.
Big companies getting breached has turned into a trend recently. This type of hack has become a trend that is not likely to stop anytime soon. As we become more dependent on the Internet and the technology connected with it, we will also have to find a way to keep the integrity of our systems as secure as possible. Failing to do so will have serious consequences.