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A Year After Equifax Breach, No Enforcement Actions

posted by mrpg on Sunday September 09 2018, @10:08AM   Printer-friendly
from the if-god-isn't-real-who-saved-them? dept.

chromas (from IRC) writes:

A year after Equifax breach, no enforcement actions:

A new report by congressional investigators details how hackers broke into Equifax last year in a breach that exposed the financial information of more than 145 million Americans.

The lawmakers who requested the report say they will press the Trump administration on the lack of enforcement actions against the giant credit-reporting agency.

Shares of Equifax plunged by about one-third last year after news broke about the massive breach. Since then, the stock has recovered to about $10 below its peak before all the bad news and closed Friday at $135.91 a share. The company has reported a profit of $236 million this year, and second-quarter profit was down just 12 percent from the same period last year despite the breach.

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  • (Score: 0) by Anonymous Coward on Sunday September 09 2018, @07:33PM

    by Anonymous Coward on Sunday September 09 2018, @07:33PM (#732535)

    Like being executed in your own home because the cop confused your home for hers?