Thursday, September 20, 2018

Equifax Fined £500,000 for 2017 Data Breach

This seems like a drop in the bucket considering that this affected 15 million people.

Credit reference agency Equifax has been fined £500,000 for failing to protect the personal information of up to 15 million Brits during a 2017 cyber attack. An investigation by the Information Commissioner's Office (ICO) found that company's UK arm failed to take appropriate steps to ensure US parent Equifax Inc, which was processing data on its behalf, was protecting the information.