The Equifax data breach may have contributed to an increase in fraudulent FEMA applications for federal disaster aid, Business Insider reports. FEMA Spokesperson David Passey said more than 200,000 FEMA applications filed in 2017 were fraudulent, making up 4.25 percent of all claims last year. Victims of the California wildfires and Southern hurricanes found out their credentials had been fraudulently used after receiving FEMA letters for benefits they had yet to apply for. In other news, Equifax has named Jamil Farshchi its new chief information security officer. "We are pleased to welcome Jamil to our team and confident that he possesses the talent and skill set needed to continue our journey toward developing industry-leading security practices and, ultimately, to help us regain trust with consumers and customers," Interim Equifax CEO Paulino do Rego Barros Jr. said in a statement.
If you want to comment on this post, you need to login.