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from the if-god-isn't-real-who-saved-them? dept.
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.
(Score: 2) by crafoo on Sunday September 09 2018, @07:51PM
I know you probably are saying this sarcastically. You shouldn't. It's 100% the honest truth. 100s of millions of American likes do not matter (to those that rule us). It's just a simple fact.
Also, when a banker commits a crime, not only do they escape any punishment, they get a bonus paid from public tax money. 2008-2009.