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In 2017, consumer credit rating giant Equifax suffered one of the country's largest data breaches, exposing the personal information of 147 million U.S. citizens, or roughly 40% of the population ...
[33] [34] Following criticism by consumer advocates, Loudermilk agreed to delay consideration of the bill "pending a full and complete investigation into the Equifax breach". [33] On September 15, Equifax released a statement announcing the immediate departures and replacements of its chief information officer and chief security officer.
The massive Equifax data breach in 2017 raised public awareness of credit reports and their vulnerability. In the Consumer Reports investigation, 872 consumers said they found errors in their ...
Equifax Data Breach, One Year Later: Obvious Errors and No Real Changes, New Report Says ... New Report Says. Skip to main content. 24/7 Help . For premium support please call: 800-290-4726 more ...
The credit reporting agency reached a $700 million settlement with government officials last week, agreeing to pay as much as $425 million of that money to consumers affected by the data breach.
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 ...
2017 Equifax data breach – In 2017, Equifax Inc. announced that a cyber-security breach occurred between May and mid July of that year. Cyber criminals had accessed approximately 145.5 million U.S. Equifax consumers' personal data, including their full names, Social Security numbers , credit card information, birth dates , addresses , and, in ...
Equifax will pay up to $700M to settle with the U.S. and states over a 2017 data breach that exposed Social Security numbers and other private information.