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Experian Data Breach

Data Mining Company Founder is Accused of Experian Breach

Sourced from Republic Title Founder of a data-mining company, Karabo Phungula has been accused of gaining access to the personal data of nearly 24 million South Africans and 793 749 businesses from credit bureau, Experian. It is alleged that the information was handed over to Phungula after he ‘impersonated a legitimate Experian client’. However, Phungula says that he has been framed. He went on to tell MyBroadBand that he has “no idea what’s going on”. Phungula has since been issued with an Anton Piller order which grants the Sheriff the right to search and seize ‘evidence’ without giving any warning. “They came to my parents’ house which is the address they have as my business registered address and requested all devices, I further went with the Sherrif to where I stay to take my compute...

South Africans’ Data Allegedly Leaked Online Post Experian Breach

The personal data of nearly 24 million South Africans and 793 749 businesses were handed over to a fraudster last month. Now, reports suggest that some of this information has been leaked online. “Experian South Africa had tens of millions of personal records breached last month. Only 1.3 million contained e-mail addresses, with others including government-issued IDs, names, addresses and employment info. 66% were already in @haveibeenpwned,” says Have I Been Pwned, record exposure search engine, in a tweet. Experian says that it is still investigating the “isolated incident in South Africa involving fraudulent data inquiry.” And the credit bureau notes that it has “identified files which [it] believes contain Experian data relating to the incident on the Internet. We continue to investiga...

Why Organisations Need to Strengthen their Cyber Defences

At the start of 2020, very few people would have predicted the events that unfolded. The COVID-19 global pandemic caused unprecedented changes to all of our lives and has reshaped our entire working culture. From the accelerated pace of digital transformation and move to the cloud to the increased use of collaboration tools, cybercriminals looked to take advantage of these rapid and widespread changes for their own purposes. This week, Experian – a consumer credit reporting company, says it has experienced a breach of data which has exposed some personal information of as many as 24 million South Africans, and 793, 749 business entities, to a suspected fraudster. This is one of the many criminal cyber-attacks, exploiting the COVID-19 pandemic to target organizations and individuals across ...

Experian was not ‘Hacked’, says CEO

Sourced from Republic Title Experian CEO Ferdie Pieterse says that the business and credit information services agency was “in no way, shape, or form” hacked. This comes after the company confirmed that the personal information of nearly 24 million South Africans was breached. Pieterse adds that none of their systems, databases or records was ever penetrated or hacked. Instead, the fraudsters used social engineering tricks to present themselves as a legitimate Experian client, this resulted in the “release of information which is provided in the ordinary course of business or which is publicly available” – potentially including First and last names, ID numbers, Telephone numbers, Physical addresses, and Email addresses. The South African Banking Risk Information Centre (SABRIC) says t...