Equifax offers free credit freezes after breach

How the Equifax data breach happened: What we know now

The heads start rolling: The Equifax data breach has claimed its first two executives.

Equifax has since stated that less than 400,000 British may have been affected, but still did not breathed a word of the number of canadian victims in the hacking discovered on July 29.

Mandiant was reportedly engaged to investigate the March breach and could have begun concluding its investigation just before the second breach occurred in May.

Several major Canadian companies including TD (AMTD) and CIBC use Equifax to perform credit checks.

There are more troubles for the credit tracking firm Equifax. But the company said that the earlier intrusion was unrelated to the breach that may have impacted as many as 143 million people, which the company discovered in July but did not disclose until six weeks later.

Equifax has been damaged by the disclosure of the May breach, with two senior security executives announcing their immediate retirement on Friday.


In a statement also issued on September 15, Equifax noted that in the United Kingdom (UK) it would likely only to need to contact approximately 400,000 customers about the potential impact of the data breach.

To run afoul of laws that prohibit insider trading, a seller has to be aware of nonpublic information, said Stephen Crimmins, a former enforcement lawyer for the Securities and Exchange Commission.

Canada's office of the privacy commissioner said that it has launched an investigation into the data breach.

"Equifax's internal investigation of this incident is still ongoing and the company continues to work closely with the FBI in its investigation", the company stated.

PIERRE, S.D. (KELO.com) State Attorney General Marty Jackley is offering advice to tens of thousands of South Dakotans who may be at risk in the massive Equifax data breach.

Equifax has always insisted that the executives were unaware of the May breach at the time they sold their stock, but the March breach adds a twist to the tale. However, the vulnerability could have been fixed back in early March when patches became available.

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