The credit reporting agency Equifax has been in the news a great deal lately, and not for positive reasons. A business that generates billions of dollars in revenue each year, Equifax has recently succumbed to the kind of digital attack that regularly affects far smaller companies.
There have been some suggestions that Equifax was negligent in protecting the personal information that it took such pains to collect. What has been less clear to many observers is just what was stolen and who the loss will affect.
A Confusing, Murky Situation, Not Just Because of the Hackers
Part of the problem has been the seeming reluctance of Equifax itself to say more than absolutely necessary about the incident. The company waited nearly five weeks before alerting the public about the breach, meaning that the criminals involved could have been making illicit use of personal information all the while.
In fact, recent … Read the rest