700Credit’s Data Debacle: 5.8 Million Exposed in API Fiasco!
700Credit had a “whoopsie daisy” with their data, affecting 5.8 million people. After a partner’s security fail, a sneaky hacker waltzed in and stole data for months. Now, 700Credit is offering free identity protection because nothing says “we’re sorry” like free credit monitoring after a data breach fiasco.
Hot Take:
Looks like 700Credit needs a new number to call when their security goes AWOL. In the vast digital jungle, their cyber defenses were as effective as a screen door on a submarine. The breach sent 5.8 million social security numbers on a free vacation without notifying their owners. If only there was a credit score for security vigilance!
Key Points:
- 700Credit’s data breach exposed personal information of over 5.8 million individuals.
- The breach involved unauthorized access through a compromised API from an integration partner.
- Information such as full names, addresses, dates of birth, and SSNs were exposed.
- 700Credit is offering a 12-month free identity protection service via TransUnion.
- The breach has been reported to the FTC and other relevant authorities on behalf of affected clients.
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