Equifax will pay up to $700 million to settle with the Federal Trade Commission (FTC) and others over the 2017 data breach that exposed the private data of nearly 150 million people.
The Information Commissioner’s Office (ICO) issued Equifax with a £500,000 fine for failing to protect the personal information of up to 15 million UK citizens during a cyber attack in 2017. The incident, which happened between 13 May and 30 July 2017 in the US, affected 146 million customers globally.
The Securities and Exchange Commission today charged a former chief information officer of a U.S. business unit of Equifax with insider trading in advance of the company’s September 2017 announcement about a massive data breach that exposed the social security numbers and other personal information of about 148 million U.S. customers.
Yahoo, Equifax and Verizon are just some of the few of the countless data breaches that have made recent headlines. New research by EfficientIP reveals telcos are next.
Equifax is being sued by the city of San Francisco. City Attorney Dennis Herrera has filed a lawsuit in San Francisco Superior Court for “failing to protect the personal data of more than 15 million Californians,”.
Credit rating company Equifax has revealed today that its databases had been hacked. In a statement, the company confessed that hackers managed to get access to some of its internal data in mid-May.