Equifax breach was ‘entirely preventable’ had it used basic security measures, says House report

    Date11 Dec 2018
    CategoryHacks/Cracks
    3159
    Posted ByBrittany Day
    A House Oversight Committee report out Monday has concluded that Equifax’s security practices and policies were sub-par and its systems were old and out-of-date, and bothering with basic security measures — like patching vulnerable systems — could’ve prevented its massive data breach last year. It comes a little over a year after Equifax, one of the world’s largest credit rating agencies, confirmed its systems had fallen to hackers. Some 143 million consumers around the world were affected — most of which were in the U.S., but also Canada and the U.K. — with that figure later rising to 148 million consumers. Yet, to date, the company has faced almost no repercussions, despite a string of corporate failings that led to one of the largest data breaches in history.
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