Equifax Hacked: Identity Theft a Major Concern

Hacker crime

CBJ — The widespread hack of Equifax servers could result in a huge nightmare for the millions of people whose accounts were breached worldwide.

Equifax revealed that the breach discovered on July 29 could expose the personal information of about 143 million people in the United States. The company also said that the information of an undisclosed number of people in Canada and the United Kingdom was compromised.

Canada’s privacy commissioner wants Equifax to provide a full report on the breach, including details on how Canadians were affected. The number of Canadians potentially impacted has not been confirmed.

Equifax said that from mid-May through July 2017 thieves obtained consumers’ names, birth dates, addresses, social security numbers and, in some cases, driver’s licence numbers in the cyberattack on the credit monitoring company.

Investors punished the Atlanta-based company’s stock on the NYSE, driving it down more than 14%.

@CanBizJournal

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