Data Broker Breaches Fueled Nearly $21 Billion in Identity-Theft Losses
ID: 9712e83b-0b6a-5234-b723-2dc236fe4e2c
STIX ID: report--9712e83b-0b6a-5234-b723-2dc236fe4e2c
Feed Name: WIRED Security
A congressional minority report and investigative journalism found that four major data-broker breaches have been tied to an estimated $20.9 billion in consumer identity-theft losses; the inquiry also revealed that several data brokers used “no index” tags and other dark patterns to hide opt-out and deletion pages from search engines, hampering consumers’ ability to protect personal data. After outreach, most firms took steps to restore visibility and improve opt-out access, while one firm (Findem) failed to respond, prompting concerns about its privacy practices and handling of consumer requests.
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