Listen: Equifax hit with $700 million fine for data breach, but is it enough? (The Daily Charge, 7/22/2019)
"<music> today on the daily charge Equifax hot water marble phase four the anniversary of Apollo Eleven and more drama good morning welcome to see that say we charge Monday July I twenty second I'm offering. Let's take a look at today's headlines. Equifax may pay up to seven hundred million dollars as a result of a massive twenty seventeen data breach exposed the date of more than a hundred forty seven million Americans Alfred. What does this mean essentially? If you were affected by the breach you're eligible for up to twenty thousand dollars and reimbursement from equifax over this now that is much easier said than done right basically have to approved that you were affected by one of these breaches and it's not like when your social security numbers stolen. It's not like that person will contact you the hey by the way I stole this from McAfee right so that is the big question right like they put they've set aside about three hundred million dollars to to pay up to consumers. But how do you even know if you qualify yeah so at a press conference earlier today. The representative from director actually of the Consumer Financial Protection Bureau had mentioned that if you were affected by identity theft or anything like that and we're dealing with this breach. You're eligible for this like so if your identity was stolen after this breach had happened with the same data that was taken. You're pretty much eligible for it. You'RE GONNA get some money but you know the full twenty thousand dollars. You really have to prove that. Ah that it affected you that much so it's not only identity theft so you know money that you spend on attorneys that you spend on accounts to deal with this what you did what if you paid for credit monitoring that kind of thing and the hours that you dealt with it to you can go up to twenty twenty five dollars per hour for up to twenty hours you know from from the settlement what happens if you you know you weren't affected right away right like the information wasn't used against you until like a year later two years later yeah so I think think they kept it in and broad terms because of that they specifically said if you were affected after this breach happened so if you were affected by identity theft or anything like that after July twenty seventeen which is when they were hacked and then they announce it in September though but they're going by the one that had happened date okay and then the also has some rules and changes that equifax the fall to what's going on with them yeah so equifax along with paying up we'll whoa now also have to improve it security standards. They're going to have to do a yearly review of their own security standards and then also every two years have to have a third party review to make sure that you know it is doing what they say that they're doing because that's how this breach really happened even in the first place right. They said that they were warned about a vulnerability. In March they told their staff to patch it they didn't and they only learned about it after they realized they had been hacked right this as far as this is totally preventable yes all right next up marvel loaded phase four schedule including confirming black widow eternal Shanxi sequels a doctor strange and thorny blade reboot that that is a huge amount not that doesn't mention the Disney plus shows. Is there anything any product in particular you excited about. No I don't care about any of these. I don't know I guess it's cool that you know there's a lot more diversity and more representation with marvel movies. I just these like none of these superheroes really click with me. I know you can't do another ironman manner Captain America or anything like that but to be fair that was also the set of superheroes that started out this phase you know marvel had really sold the rights all of the heavy hitters and they weren't they do what they had and they built you know what they did with like infinity the war and all that right so it was very cool. Maybe they'll do a good job of all these well interestingly enough though like the heavy hitters they just got from Fox right x-men fantastic four barely got a meant yeah and and we didn't even get any information on a sequel a little Black Panther or go use the galaxy. These are two big franchises that people are interested in they really kind of pushed refocused on these new projects and we don't know as much about because they're definitely like probably because all those big names can generate their own press and they don't need it constitutes plus. There's also a disease that coming up next month so maybe a little tease more information then lastly Saturday Mark The fiftieth anniversary of the poll of moon landing our own Jackson Ryan takes a look at the various missions going on now from China to Israel as wasn't her own goal to get back to the moon by twenty twenty-five it is kind of interesting that like this was huge the captured America's attach imagination for a decade and then just abruptly ended in the seventies. We haven't really gone back yeah. I saw a study actually that looked at. Because it was like a historical perspective on how like two years later like nobody cared about they like some people couldn't even remember Neil Armstrong's names like just two years after it had happened which I am now. We're all crazy about it again. Maybe because it's the fifth year anniversary maybe a year later. We won't care about it again. Who knows I know that the Asian Museum and the folks are kids? Adults older folks. They were just Gaga over. I'm space moon is cool. I mean it's kind of like it's kind of like a nineteen sixty-nine somebody like the U._S.. Just went left. The first comment on the mood right and left didn't care about the actual content of it there you go all right lastly today's main story while we we saw continues. The White House is reportedly meeting with tech executives about the ban on Chinese telecom giant Washington Post is report detailing. It's worked to build and maintain North Korea's three G. Network. This is a story that will never end. I mean look until Oh there's definitive proof that Wa way. Is You know part of this massive espionage network and also at the same time. They're really the company that we that most countries have to rely on to build five G. Network not us not the U._S. most country yeah it's it's yeah we're just GONNA keep talking about this because like five Jeez such like like that's where every country's really going with their network and they have to rely alway on wall way for it or most of them do and and at the same time the U._S. is continuously say look that you cannot trust them on this and the U.. K. K. Collins had a great story on Friday the U._K.. is still there kind of deciding whether or not we should be in or out of these five networks."