That’s according to this month’s shareholder filings; the company estimates the total bill at $166 million more, plus class action damages.
Equifax’s nation-destroying data-breach was subsequently revealed to be just the latest in a series of unbelievably careless IT blunders, and it eventually cost the company CEO his job; now his replacement hasRead More
On Wednesday, security researcher Randy Abrams visited the Equifax site to contest bad information in his credit report and was attacked by malicious software that tried to get him to download a fake Flash updater that was a vector for an obscure piece of malware called Adware.Eorezo.
Other users confirm that they wereRead More
The board of directors thanked Richard Smith “for his 12 years of leadership” as Smith showed himself the door while he reminded the 140,000,000 Americans whose lives he’d destroyed through insanely lax security and months of shambolic inaction that “I have been completely dedicated to making this right.”
It’s not clear whether SmithRead More
Before Equifax changed its name in 1976 — in the midst of a Congressional investigation and a national scandal — it was the Retail Credit Company, founded in Atlanta in 1899.
Retail Credit served as a kind of free market Stasi, sending out spies to covertly and overtly gather data on Americans, encouragingRead More
One week after announcing the worst breach in American history, and days after it was revealed that the breach had been caused by simply negligence, Equifax has announced the “retirement” of its Chief Information Officer, David Webb, and Chief Security Officer, Susan Mauldin, though “the company’s review of the facts is still ongoing.”