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Hack Exposes Personal Data of 143 Million Equifax Customers in U.S.

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Published on : Sep 08, 2017

Equifax, Inc. learned Thursday that the personal information of possibly a 143 million U.S. consumers was compromised by hackers during the period mid-May to July. After this was revealed, the shares of the consumer credit scores provider dropped 5.4% in after-market trading. According to the company, the hackers were able to access customer details, including driving license number, social security number (SSN), and name. Furthermore, the company said approximately 182,000 U.S. consumers’ dispute documents with personal identifying data and credit card numbers of 209,000 customers were accessed.

Shares of almost US$1.8 million were sold by three high-ranking executives of Equifax after the hack was discovered, according to the US Securities and Exchange Commission filings. A spokesperson of the company said the executives were not aware of the intrusion when they sold their shares.

Personal Information of Even Canadian and U.K. Occupants Breached

Equifax further learned that personal details of certain Canadian and the U.K. residents were also accessed by the hackers. The company has given a statement that it would work with the regulators in these nations to discover the next approaches. The unauthorized access was determined in the last week of July, following which Equifax had hired a cybersecurity company for investigating the infringement. The company found no proof of infringement in its commercial credit reporting or core consumer databases. However, the infringement could be one of the largest in the U.S.

In the past, top entities such as Yahoo and EBay had fallen prey to cyberattacks, where the latter asked its 145 million customers to change their password.

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