That massive Equifax data breach on September 7, 2017, shocked everyone, but a year and a half later, where the data of all those 143 million Equifax users ended up is still a mystery.
CNBC reports that the current prevailing theory is that “the data was stolen by a nation-state for spying purposes, not by criminals looking to cash in on stolen identities.”
CNBC talked to eight experts, including data "hunters" who scour the dark web for stolen information, senior cybersecurity managers, top executives at financial institutions, senior intelligence officials who played a part in the investigation and consultants who helped support it. All of them agreed that a breach happened, and personal information from 143 million people was stolen.
But none of them knows where the data is now. It's never appeared on any hundreds of underground websites selling stolen information. Security experts haven't seen the data used in any of the ways they'd expect in a theft like this — not for impersonating victims, not for accessing other websites, nothing.
But as the investigations continue, a consensus is starting to emerge to explain why the data has disappeared from sight. Most experts familiar with the case now believe that the thieves were working for a foreign government and are using the information not for financial gain, but to try to identify and recruit spies.
Good, gritty detail on the methodology behind the theory.
Read more: The great Equifax mystery: 17 months later, the stolen data has never been found, and experts are starting to suspect a spy scheme
The term "meritocracy" was popularized in the UK sociologist Michael Young's 1958 novel, "The Rise of the Meritocracy," in which aristocrats insist that they are the natural rulers of their society based on "objective" measures of worth ("merit" + "aristocracy" = "meritocracy") that are obviously tilted to favor them, a fact that they are conveniently […]
A year ago, smarting over public criticism of its role in promoting division and stoking racism, Facebook announced a major shift in its newsfeed algorithm which would downrank posts from media organizations and uprank the things sent by your friends on the network, in the name of promotion a gentler form of "engagement" that would […]
In reports of China's looming debt crisis, it's common to see references to the "shadow finance" or "shadow banking" system, but it's not always clear what these terms mean.
It’s spring clearance time for the Boing Boing Store, when some of the best deals from the holidays return even cheaper than before. From top-rated apps to educational software to the cutest record player of all time, they’re all back with a little extra incentive. Shop your heart out before tax season wraps up! Use […]
Big companies want automation on a big scale. Doing that means diving into the tricky world of machine learning and data science. And no matter what platform you’ll be implementing it on, you can learn how with the Machine Learning & Data Science Certification Training Bundle. In 48 hours and through eight courses, this bundle […]
Big systems need tight security – and the experts who can implement it. Cisco Networking Systems are the go-to providers for network infrastructure, but maintaining it takes a lot of up-to-date knowledge. If you want that knowledge right from the source, there’s an online course that can get you certified painlessly: The Foundational Cisco CCNA […]