Just recently, Equifax had the largest-ever settlement for a data breach. They are to pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive 2017 data breach. What we tell...more
Earlier this year, the SEC released cybersecurity guidance addressing, among other things, the risk of insider trading in the event of a data breach. This risk comes in multiple forms, including the intruders trading on...more
The near-daily reports of massive hacking incidents continue to demonstrate a shocking level of corporate incompetence. In September, we learned of the Equifax breach, which was breathtaking both in its scope and in Equifax’s...more
In the wake of the latest massive data breach, this one involving Equifax, more and more companies are likely wondering what they should do in the event that they are faced with a data breach that exposes the personal data of...more
Equifax’s stunning security breach and inadequate response has now claimed its most prominent victim – the CEO of Equifax, Richard Smith, announced his immediate resignation. In light of this rapid fall from grace, here...more
The security breach announced by Equifax Inc. on September 7, 2017, grabbed headlines around the world as Equifax revealed that personal data of roughly 143 million consumers in the United States and certain UK and Canadian...more
Equifax, the international credit reporting agency, confirmed that a data breach exposed the personal information of approximately 143 million U.S. consumers. The breach occurred from May through July of this year. Breached...more