Make no mistake the Equifax Data Breach of about 143 million records (approx. 44% of US population) is one of the largest and ‘will be’ the most expensive data breach in the history. Equifax is one of the four largest American credit agencies alongside Experian, Trans Union and Innovis.
The data breach notification by Equifax should remind us that data breaches are inevitable and these breaches will continue to happen and make headlines.
However, the key message of this breach is the reporting firm took over 5 weeks to publicly disclose the data breach, which means that the personal information of 143 million people was exposed for over 2 months before they were made aware of the compromise.… [Keep reading] “Another day, another data breach”