Equifax hack - What's the worst that can happen?

If you're not worried about the Equifax hack, you should be.

The hackers made off with the most crucial tools that identity thieves need to impersonate you. The worst-case scenario is a very real threat to millions of Americans.

If the stolen information from Equifax gets into the wrong hands, experts say data thieves can open bank accounts, lines of credit, new credit cards and even drivers' licenses in your name. They can saddle you with speeding tickets, steal your tax refund, swipe your Social Security check and prevent you from getting prescription drugs.

Recovering from identity theft could take months or even years. And no one is responsible for cleaning up your own mess but you. read more »

Three Equifax Managers Sold Stock Before Cyber Hack Revealed

Three Equifax Inc. senior executives sold shares worth almost $1.8 million in the days after the company discovered a security breach that may have compromised information on about 143 million U.S. consumers. read more »

FBI probes Uber’s use of software to target rival Lyft

It’s safe to say there won’t be any dull moments for new Uber CEO, Dara Khosrowshahi, as the problems from Travis Kalanick era Uber keep piling up on his desk.

Latest unwelcome newsflash for the incoming CEO: The ride-hailing giant’s use of a software program which tracked activity of a rival, Lyft, is being investigated by the FBI over whether it constituted an illegal interference with a competitor. read more »

Company to pay $7.55M over alleged opioid kickback scheme, feds say

Galena Biopharma Inc. will pay more than $7.55 million to resolve claims that it paid kickbacks to doctors in a scheme to get them to prescribe the pharmaceutical company's fentanyl-based drug Abstral to patients, federal prosecutors said Friday.

The settlement came after a lawsuit filed by whistleblower Lynne Dougherty under the False Claims Act and an investigation by the U.S. Attorney's Office in New Jersey and the civil division of the Justice Department. read more »

Lance Armstrong federal trial delayed until 2018

The whistleblower lawsuit against Lance Armstrong will not go to court this fall. USA Today reported that the case has been postponed until May 2018 because of a scheduling conflict involving one of his attorneys, John Keker, who together with Elliot Peters has represented Armstrong in the case since it was filed by Floyd Landis and his attorney, and later taken on by the US Government. read more »

Whistle-Blower Says He Told of Rio Olympics Corruption Years Ago

A former sports official in Brazil said he told the International Olympic Committee about corruption among organizers of the 2016 Rio Olympics several years ago — long before law enforcement officers raided the home of Brazil’s top Olympic official this week during a continuing investigation into corruption and bribery.

The police found the equivalent of $155,000 in cash at the home of Carlos Nuzman, one of the most influential members of the I.O.C. and a crucial architect of Rio de Janeiro’s successful bid to bring the Olympics to South America for the first time. Prosecutors in Brazil and France have said that victory, in which Rio defeated bids from Madrid and Chicago for the Summer Games, was tainted by a scheme to bribe voters. read more »