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International

Equifax fined $13 million over cyber security breach

October 16, 2023 Reprints

U.K.’s Financial Conduct Authority has fined consumer credit reporting agency Equifax Ltd. £11 million ($13.3 million) for its role in a large-scale 2017 data breach, iTnews reported citing Reuters. The company’s parent firm U.S.-based Equifax Inc. was subject to a major cyber security breach that saw hackers getting access to the personal information of 13.8 million U.K. consumers because the data was stored on company servers in the U.S.

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Equifax fined $13 million over cyber security breach

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