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They are not evil or irresponsible; they are defaulting because — for anyone with an already compromised credit rating — it is the economically prudent thing to do.
TalkTalk has said it does not know how many of its 4 million customers have been affected by a "significant and sustained" cyber-attack which could have compromised credit card and bank details.
You've received an apology, an assurance that no more bills will be issued, and £150 compensation which, of course, is paltry given the legal threats and possibly compromised credit rating.
She's leading a 34-state investigation into a security breach at TJX Companies that compromised credit information of Marshalls and TJ Maxx customers.
Credit card providers were notified of more than 400,000 compromised credit and debit cards, the officials said.
Senator Richard Blumenthal, Democrat of Connecticut, asked Sony in a letter to clarify the number of compromised credit card accounts and requested a detailed timeline outlining what the company knew about what was stolen and when it was known.
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Investors are getting a big booster shot of income to a portfolio without having to compromise credit quality.
The retailer was alerted its systems might have been compromised by credit card processors who had noticed a surge in fraudulent transactions involving credit cards that had been used at Target, according to a person familiar with the investigation who was not authorized to discuss the matter.
Police are investigating a "significant and sustained" cyber-attack on the website of TalkTalk which could have compromised customers' credit card and other personal details.
Among the complainants are those who are unable to secure mortgages or loans because billing mistakes have compromised their credit record.
TalkTalk says it has received a ransom demand from an individual or group claiming responsibility for a cyber-attack that has potentially compromised the credit card and bank details of millions of customers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com