EQUIFAX DISCLOSES MASSIVE DATA BREACH

Today, September 8, 2017, Equifax, one of the largest credit reporting agencies in the United States, has disclosed that they suffered a massive data breach because their network was compromised by unknown hackers. According to the Equifax’s press release, attackers gained access to personal data of almost 143 million Americans. Social security numbers, birth dates and addresses of nearly half the population lost in this breach of the US could be misused by hackers for years to come. Credit card numbers of US-customers and non-US customers were also stolen. After Equifax announced the cyberattack, their shares dropped 13%.

Official information posted on the Equifax website states: “Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017.” The breach was disclosed only yesterday, meaning it took six weeks to detect the cyberattack.

Network security solutions like GREYCORTEX that identify anomalous behavior within your network are especially important in this situation. These solutions mean your IT team can identify malware by its anomalous movement within the network, and identify it as it replicates. GREYCORTEX MENDEL identifies such anomalous behavior, offers deep network visibility, and differentiates between human and machine behavior, meaning you can find infected devices within your network and secure your company’s data and reputation.


About Version 2 Limited
Version 2 Limited is one of the most dynamic IT companies in Asia. The company develops and distributes IT products for Internet and IP-based networks, including communication systems, Internet software, security, network, and media products. Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 Limited offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About GREYCORTEX
GREYCORTEX uses advanced artificial intelligence, machine learning, and data mining methods to help organizations make their IT operations secure and reliable.

MENDEL, GREYCORTEX’s network traffic analysis solution, helps corporations, governments, and the critical infrastructure sector protect their futures by detecting cyber threats to sensitive data, networks, trade secrets, and reputations, which other network security products miss.

MENDEL is based on 10 years of extensive academic research and is designed using the same technology which was successful in four US-based NIST Challenges.