Most Of The Fortune 100 Still Use The Flawed Software That Led To The Equifax Breach

It has been reported that almost two years after Equifax’s  massive hack, the majority of Fortune 100 companies still aren’t learning the lessons of using vulnerable software. In the last six months of 2018, two-thirds of the Fortune 100 companies downloaded a vulnerable version of Apache Struts, the same vulnerable server software that was used by hackers to steal the personal data on close to 150 million consumers, according to data shared by Sonatype, an open-source automation firm. That’s despite almost two years’ worth of patched Struts versions being released since the attack.

Tim Mackey, Technical Evangelist at Synopsys:

“Sonatype, and others, maintain public repositories containing open source components. While it’s […] Read more

Ottawa homebuyers banking on alternative lenders: experts

Michael Hapke has a perfect vantage point from which to witness a dramatic shift in the way Canadians are borrowing money to buy homes.

A founding partner of Ottawa-based Advanced Mortgage Investment Corp., Hapke has been a private mortgage lender for 15 years. He says tougher stress test rules implemented last year for home buyers who don’t need mortgage insurance are pushing more and more Canadians to look to alternative lenders who aren’t obliged to follow the Office of the Superintendent of Financial Institutions’ tighter lending requirements.

“If you build a wall, you’ll figure out how to go over […] Read more

Run a Comprehensive Background Check on Yourself

Do you know who’s collecting information on you? If you’ve applied for a job, apartment or insurance, chances are you’ve had a background check run on you. These reports can include information on your income, loan payments, debts, and on and on, and consumer reporting companies can even include a “risk score” for you.

And while you’re likely familiar with a credit agency like Equifax, you’re probably not aware of the breadth of companies collecting your personal information.

As the Consumer Financial Protection Bureau’s 2019 report indicates, any number of financial institutions can request your “report,” including:

Lenders (including those that offer […] Read more

2 Ways Canada Housing Is About to Get a Booster Shot

Canadian home sales fell sharply in 2018, and prices were down marginally across the nation. The country’s largest metropolitan areas have still seen steady price increases, but affordability has grown into a major issue. There has been some movement to make up for the lack of supply in major cities like Toronto, but so far these plans have been very modest. Back in December, I’d discussed housing projections heading into 2019. A report from Canadian Imperial Bank of Commerce projected that housing would be a drag on Canada’s overall growth this year. However, there is a concerted effort coming…

Canadian home […] Read more

Falling Vancouver condo prices could spell big trouble for pre-construction buyers

Photo: Nick Watkins/Flickr

If prices for new condos in Vancouver keep dropping, some homeowner hopefuls who signed contracts to purchase pre-construction units may be left in lurch and unable to ultimately close on units, a local realtor warns.

When someone buys a condo pre-construction, what they are really doing is entering into an agreement to purchase the unit at a later closing date. They’ll typically need to get pre-construction mortgage approval from a lender, even though they won’t actually begin making mortgage payments until the closing date, which falls around the time the unit is completed.

Housing Market News Alerts

Sign up now […] Read more

$1.32 Earnings Per Share Expected for Equifax Inc. (EFX) This Quarter

Wall Street analysts expect that Equifax Inc. (NYSE:EFX) will announce earnings of $1.32 per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Equifax’s earnings. The highest EPS estimate is $1.34 and the lowest is $1.31. Equifax posted earnings of $1.39 per share in the same quarter last year, which suggests a negative year over year growth rate of 5%. The business is scheduled to announce its next earnings report on Thursday, March 7th.

According to Zacks, analysts expect that Equifax will report full-year earnings of $5.73 per share for the current fiscal […] Read more

Marvin & Palmer Associates Has Decreased Its Position in Union Pacific Corp. (UNP) by $479,520 as Market Value Declined; Investors Asset Management Of Georgia Has Trimmed Its Equifax (EFX) Position by $980,200 – The Financial Examiner

Investors Asset Management Of Georgia Inc decreased its stake in Equifax Inc (EFX) by 4.61% based on its latest 2018Q3 regulatory filing with the SEC. Investors Asset Management Of Georgia Inc sold 7,540 shares as the company’s stock declined 26.84% with the market. The institutional investor held 155,889 shares of the finance company at the end of 2018Q3, valued at $20.35M, down from 163,429 at the end of the previous reported quarter. Investors Asset Management Of Georgia Inc who had been investing in Equifax Inc for a number of months, seems to be less bullish one the $12.89 billion market […] Read more

As Equifax (EFX) Market Value Declined, Cantillon Capital Management Has Raised by $71.24 Million Its Position; Lennar (LEN) Stock Declined While South Dakota Investment Council Has Upped Its Stake

Cantillon Capital Management Llc increased its stake in Equifax Inc (EFX) by 29.5% based on its latest 2018Q3 regulatory filing with the SEC. Cantillon Capital Management Llc bought 547,986 shares as the company’s stock declined 26.84% with the market. The hedge fund held 2.41M shares of the finance company at the end of 2018Q3, valued at $314.12M, up from 1.86 million at the end of the previous reported quarter. Cantillon Capital Management Llc who had been investing in Equifax Inc for a number of months, seems to be bullish on the $12.88B market cap company. The stock increased 0.84% or […] Read more

As Equifax (EFX) Share Price Declined, Crescent Park Management LP Lowered Its Position; Camelot Portfolios Stake in Enbridge (ENB) Has Lifted by $737,056 as Stock Declined

Crescent Park Management Lp decreased its stake in Equifax Inc (EFX) by 10% based on its latest 2018Q3 regulatory filing with the SEC. Crescent Park Management Lp sold 11,563 shares as the company’s stock declined 26.84% with the market. The institutional investor held 104,064 shares of the finance company at the end of 2018Q3, valued at $13.59 million, down from 115,627 at the end of the previous reported quarter. Crescent Park Management Lp who had been investing in Equifax Inc for a number of months, seems to be less bullish one the $12.74 billion market cap company. The stock decreased […] Read more

Capital Investment Counsel Stake in Lockheed Martin (LMT) Has Upped by $475,750 as Share Value Declined; Equifax (EFX) Market Valuation Declined While Investors Asset Management Of Georgia Lowered Holding by $980,200

Investors Asset Management Of Georgia Inc decreased its stake in Equifax Inc (EFX) by 4.61% based on its latest 2018Q3 regulatory filing with the SEC. Investors Asset Management Of Georgia Inc sold 7,540 shares as the company’s stock declined 26.84% with the market. The institutional investor held 155,889 shares of the finance company at the end of 2018Q3, valued at $20.35 million, down from 163,429 at the end of the previous reported quarter. Investors Asset Management Of Georgia Inc who had been investing in Equifax Inc for a number of months, seems to be less bullish one the $12.77B market […] Read more