The social security numbers of every American may have been stolen

The Street

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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