Experian

Experian is headquartered in Dublin (Ireland), Experian operating centers are located in Costa Mesa (USA , California) and Nottingham (UK). For 2016, the group has about 17,000 employees who work in 37 countries around the world, serving customers in more than 65 countries.

Experian specialises in managing and using information about individuals and businesses. Combined with Experian's analytical tools, such information bases can become a source of significant additional benefits, the company says.

Experian works in the field of information, analytical and marketing services to help organizations and end consumers manage risk and maximize impact when making commercial and financial decisions.

Experian maintains partnerships with organizations around the world, allowing it to build and strengthen its relationships with customers and provide them with real competitive advantages.

Experian, working with consumers, provides critical information that enables them to make more informed and confident shopping and financial decisions. Experian's customer companies include organizations engaged in a wide variety of sectors of the economy, including financial services, retail and catalog trading, telecommunications, utilities, media, insurance, automotive, recreation and leisure, e-commerce, industrial production, real estate and the public sector.

Experian plc is listed on the London Stock Exchange (EXPN) and is part of the FTSE 100 index.

History

2023: A hole in the credit bureau's website allowed anyone to download people's personal data

On January 9, 2023, it became known that attackers successfully use the official Experian website to obtain credit reports using a person's name, address, date of birth and social security number.

Hackers exploited the security weakness of Experian on its website to obtain credit reports, US journalist and investigative reporter Brian Kreb said. The Experian website allegedly required several questions to be answered to obtain a credit report, but hackers discovered they could trick Experian into giving them access to credit reports. Getting access was easy - just edit the address displayed in the browser URL bar at a certain point in the identity verification process.

Experian credit bureau leaks user data

Brian Krebs tested the method on his credit report and found it worked, "although Experian employees said they could not determine I was me." Stunned by the result, Krebs asked a trusted information security source to try the method to recreate its results, and the expert did so. Krebs shared his results with Experian on December 23, 2022, receiving confirmation that the letter was received on December 27. At some point between these two dates, Experian changed its code to prohibit unconfirmed access to credit reports.

How long this method has been used by hackers is unknown, as is the number of potential stolen credit reports, but the consequences are obvious. Credit reports are a rich trove of data that can be used in a variety of ways, from phishing to extortion to virtually any scam that uses customers' personal information.^[1]

2021: Alexey Butychin - the new general director of the Russian office

On September 16, 2021, Experian announced the appointment of Alexei Butychin as the new head of the representative office in Russia and the CIS. The office is located in Moscow. Read more here.

2020: Phishing attack on South African unit

In the summer of 2020, the Experian credit history bureau became a victim. phishing attacks A fraudster who posed as a company client managed to fraudulently gain access to the database the African of the South Division. Having penetrated storage the company, the man was able to find out personal up to data 24 million citizens REPUBLIC OF SOUTH AFRICA and information from more than 793 thousand enterprises. The fraudster planned to use the stolen data marketing for purposes, but fortunately was stopped in time. More. here

2019

$20 million investment in CompareAsiaGroup

On August 13, 2019, Experian announced that it is leading a $20 million B1 series investment . USA in CompareAsiaGroup. Read more here.

Purchase of MyHealthDirect Healthcare Process Automation Platform Developer

In early August 2019, Experian announced the acquisition of a process automation platform developer in. health care MyHealthDirect More. here

2018

Acquisition of Compuscan

On December 18, 2018, Experian announced its decision to acquire Compuscan (CSH Group Ltd), which provides information and credit bureau services in Africa. Read more here.

Financial Year 2017/2018 Results

Growth in total revenue - 8%, growth in total benchmark EBIT - 8%, growth in benchmark earnings per share - 11%. Organic revenue growth - 5%, organic revenue growth in the b2b segment - 8%. The EBIT benchmark margin was 27.7%, at the level of the previous year, at actual exchange rates. The high indicator of the money cycle is 93%, the income on invested capital is 15.7%.

Experian's key investments over the past fiscal year have added new data sources such as low-income lending details, mobile operator databases, income and asset data. Customers of the company enthusiastically greeted such new products as Experian Ascend, PowerCurve Collections, CrossCore. Many other initiatives are under development.

At the first stage, there was a positive market response to new Experian offers to protect customer personal data. Significant development was noted in the field of comparing loan offers for individuals.

• The planned acquisition of ClearScore will expand the range of services for Britons.
• Shareholder returns and rational capital allocation are still a priority for the company:
• Completed activities and acquisition of companies and implementation of investments in the amount of $305 million. USA
• Over the year, shareholders were returned over $950 million. United States in the form of dividends and share buybacks.
• The second interim dividend rose 10% to 31.25 US cents per common share; total dividend for 2018 rose 8% to 44.75 US cents per share.
• A share buyback program of up to $400 million is provided. USA

ClearScore Purchase

Experian, a player in the global information services market, at the end of March 2018 announced its readiness to purchase the British fintech startup ClearScore, which specializes in online support for individuals in financial matters, for £275 million ($385 million). The purchase is funded by Experian's existing available credit resources. Read more here.

2017

Financial Year Results 2016/2017

• The growth of total revenue is 6%, the growth of organic revenue is 5% at constant exchange rates, in accordance with the planned values.
• The EBIT benchmark margin for current operations increased by 60 bp to 27.7% (at constant exchange rates - by 30 bp), and the increase in the benchmark EBIT amounted to 7% at constant exchange rates.
• The company's strategy gives the right results; there were opportunities for significant growth in the medium term.
• Significant growth in B2B segment areas such as Credit Services, Decision Analytics and Marketing Services.
• Growth was observed in all geographical areas, especially in Latin America and the Asia-Pacific region.
• Success has been achieved in transforming the direction of Services for individuals - today millions of free subscribers use the company's new offers.
• The profile of the company's portfolio has become even more specialized as a result of the sale of the inter-channel/mail marketing business.
• Shareholder returns are still a priority for the company:
  • Over the year, more than $700 million was returned to shareholders. United States in the form of dividends and share buybacks
  • The second interim dividend rose 4% to 28.5 U.S. cents per common share; total dividend for 2017 rose 4% to 41.5 US cents per share.
  • $600 million share buyback program The United States will be implemented during the 2018 fiscal year.

Appointment of Alexander Chukhlantsev as head of the Russian office

In January 2017, Experian announced the appointment of Alexander Chukhlantsev as Managing Director of Experian in Russia and the CIS countries. His main task in this position is to expand the company's business in the field of risk management, fraud prevention and loan portfolio management at all stages of its life cycle.

As managing director, Alexander Chukhlantsev replaced Stephen Gildert, who left the company in the summer of 2016 and left Russia.

2016: Geolocation of the phone will give its owner's need for credit

Experian DataLabsDataLabs, ^[2] and Gimbal Inc. are forming an innovative alliance that aims to innovate experiments on the use of mobile communications to instantly provide loans to stores and pre-select candidates for mortgage and car loans

Experiments using a number of geozone tuning markers within macro and microlocation from Gimbal will result in technologies that will be useful:

• Retailers: they will have the opportunity to offer credit to customers immediately upon entering the store
• Credit institutions: they will be able to identify customers who want to purchase a car or apartment based on the location of their mobile devices

Working with businesses and mobile application providers, Gimbal connects physical location points with digital information and customer engagement opportunities. Gimbal technologies will allow Experimian customer companies to offer instant loans using mobile communications and pre-select borrowers, if they have consent to use personal data. thanks to the use of mobile devices and intelligent applications on the Gimbal platform, the cycle of interaction between the credit institution and the applicant is significantly simplified.

2014: Experian suspected of leaking personal data of 200 million people

In the United States, the attorneys general of two states at once began an investigation in connection with a large-scale leak of information. It is assumed that the victim of the incident could be about 200 million people - clients of the Experian agency. As Zecurion specialists found out, the attacker resold the confidential information that the agency provided him. The information provided included social security numbers, driver's license numbers, bank account information, date of birth and credit card numbers.

The incident was discovered during the work of the Obama administration to improve the security of personal data in companies. The scale of the threat attracted the attention of lawmakers, in particular, a member of the US Federal Trade Commission Edith Ramirez asked the Senate to improve legislation in the field of information security of citizens of the country.

"One of Experian's business areas is credit monitoring," recalls Alexander Kovalev, deputy general director of Zecurion. - Customers of the company are people who have suffered from identity theft to minimize their own financial risks. A funny collision turns out - in this case, the company could supply attackers with the personal data of their customers. "

2009: Gross revenue $3.9 billion

The company's gross income as of March 31, 2009 amounted to $3.9 billion.

Notes