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An Equifax internal audit in 2015 showed that there was a large backlog of vulnerabilities to patch, that Equifax was not following its own timescales on patching them, that IT staff did not have a comprehensive asset inventory, that Equifax did not consider how critical an IT asset was when prioritising patches, and that the patching process worked on an 'Honour system'.
A class action lawsuit filed in January 2019 claims Equifax used "admin" as both password and username for a portal with sensitive information.
This is a list of reports about data breaches, using data compiled from various sources, including press reports, government news releases, and mainstream news articles.. The list includes those involving the theft or compromise of 30,000 or more records, although many smaller breaches occur continual
Edelson PC is an American plaintiffs' law firm that focuses on public client investigations, class actions, mass tort, and consumer protection laws. Edelson’s cases include class action settlements against Facebook for $650 million (2021), [ 1 ] [ 2 ] social casino apps for nearly $200 million (2021), [ 3 ] [ 4 ] and a $925 million verdict ...
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Equifax primarily operates in the business-to-business sector, selling consumer credit and insurance reports and related analytics to businesses in a range of industries. [citation needed] Business customers include retailers, insurance firms, healthcare providers, utilities, government agencies, as well as banks, credit unions, personal and specialty finance companies and other financial ...
[1] [2] He served as the chairman and CEO of Equifax from 2005 to 2017, when he retired in the wake of the data breach of approximately 145.5 million customers. [2] [3] Because Smith retired instead of getting fired, he is expected to receive $90 million, including performance-based unvested stocks and $18.5 in retirement benefits, according to ...
In September 2017, Block initiated a private lawsuit against Equifax, accusing the latter of neglecting to safeguard his personally identifiable information. [6] He appears in the documentary The China Hustle , outlining his research into securities fraud of Chinese companies through Muddy Waters. [ 7 ]