The social security numbers of every American may have been stolen

  • 2 weeks ago
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and hackers put all Americans at risk of identity theft.
Transcript
00:00I'm Conway Gaines reporting from the New York Stock Exchange.
00:02Here's what we're watching on the street today.
00:04There is an upbeat tone on Wall Street
00:07thanks to signs of a resilient economy.
00:09July retail sales blew past expectations with a 1% jump.
00:14Weekly jobless claims rose by 227,000,
00:17which was below forecast.
00:19Meanwhile, at Walmart, second quarter sales
00:22saw a stronger than anticipated rise of 5%,
00:25and earnings were better than expected as well.
00:28The world's largest retailer lifted 2024 guidance
00:31for the second time this year.
00:34In other news, a massive data breach
00:36involving the social security number of every American
00:39may mean all of our information is
00:41on sale to the highest bidder.
00:43According to the Los Angeles Times,
00:45a person claiming to be a member of hacking group USDOD
00:49is offering a treasure trove of stolen personal data taken
00:53from 2.9 billion people.
00:55The highly personal information includes social security
00:58numbers, full names, addresses, date of births,
01:01and phone numbers.
01:03Media outlets are trying to verify
01:05the veracity of the claim.
01:06A class action lawsuit reveals the data
01:09was stolen from National Public Data,
01:11according to claims made in April by USDOD.
01:15National Public Data collects and stores
01:17that information to aid in the completion of background
01:20checks.
01:21National Public Data has not formally admitted to the breach
01:24but told the Los Angeles Times that it, quote,
01:26purged the entire database as a whole of any and all entries
01:31and claimed to have deleted any, quote, non-public information.
01:35That'll do it for your daily briefing from the New York
01:37Stock Exchange.
01:38I'm Conway Gittins with The Street.

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