Seriously, Equifax? This Is a Breach No One Should Get Away With
nytimes.com
nytimes.com
Oh really? I thought it depends on how big the bank is. Agencies giving tripe-A to junks were punished so harsrhly...
Hell, HSBC was actively money laundering and they are still kicking.
Arguments like that would make more sense to suggest that a new agency is setup to find and fix faults in software. You're keeping the agency's mission focused.
Problem with an agency like that is that in effect it's government support for software companies. Microsoft, Google, Apple could cut back on security processes because they know the tax payer is picking up the tab.
Government shouldn't be in the market, they should hold the market to account for bad actors. We should make having security breaches a painful cost. The market would adjust to meet the macro economic environment.
Still, Equifax are probably quick to tell everyone if you've missed one payment on your credit card, but took a few months to say they've been hacked? Doesn't seem fair
Yes, I believe Equifax may finally get a bit of karma on this one. Unfortunately, at a lot of others' expense.
It has [0]:
"... Equifax also identified unauthorized access to limited personal information for certain UK and Canadian residents ... no evidence that personal information of consumers in any other country has been impacted."
FYI. That is not the real site.
Look at what actually happened. Equifax was using the Spring framework. This is a very safe, popular choice. They were using what everybody else uses.
There was a critical vuln in the framework, and they failed to update their box for N months. But we're talking only a few months. N is very small -- maybe four? And yeah, you can argue that four months is an absurdly long time to have a known critical vuln in production. But I guarantee you that everybody reading this is similarly vulnerable. Whatever company you work for, if you do not have regular pentests, you are no better off. And even if you do, it's overwhelmingly likely that you've overlooked some lonely outdated server that's still running on your network because Bob set it up a year ago and forgot about it and oh look now you have a pivot into your whole network.
It seems very strange to choose this one company and crucify them just because they lost your data. Everybody is insecure everywhere always, and we've learned to tolerate this by pretending it's not true or that it doesn't exist or that it's not a big deal. But you know what? It is true. That truth will continue to manifest itself in the years to come. No matter how much you'd like it not to be true, your stuff will still get stolen. Usually you just don't hear about it.
Yes, it was stupid for them to have everybody's PII attached to that one webserver. A single point of failure should never result in compromising the whole system. But think about how that architecture would work in practice. A customer service rep still needs to get at most of your data. It's a credit bureau. Where would the data be stored in a way that a remote code exec wouldn't be able to snag it?
Equifax's crime boils down to "they failed to run the equivalent of sudo apt-get update on their framework." When you're managing a fleet of hundreds or thousands of machines, this is a situation that almost all of us have wound up in. If we can't get it right, why do you want the execs' heads to roll? Are you sure you won't be next on the chopping block?
Think about it this way: the time between "someone discovered a vuln in Spring" and "the attackers stole 150M credit reports" was just a few months. Are you sure Equifax wasn't a victim here? Someone threw a cinderblock through their window and made off with their trove of data.
Food for thought.
Sure, but maybe - just maybe - given that their "mission" was to keep those data safe or "safe enough" they could have installed a somewhat tougher glass on that window.
The general point of "you had one job" remains IMHO valid, independently from how bad other people/companies security is.
Also, when there is a break-in you normally notice the broken window in a timely fashion, if the reports are accurate the hackers seemingly got the data over two or three months time or however it took months to notice it.
I read that top management sold a lot of stock prior to the news coming out about the breach. I hope they get sued for prior knowledge or whatever that is called.
But nobody noticed the broken glass, no one saw any evidence that the records rooms were opened when they shouldn't have been, and nobody saw the hundred million files headed out the window?
I understand this could have happened to anyone, but I don't expect the sec ops at a credit reporting agency to be average.