Linked by Thom Holwerda on Thu 7th Sep 2017 23:45 UTC
Legal

Equifax Inc. today announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized activity on Equifax's core consumer or commercial credit reporting databases.

Names, social security numbers, birthdays, addresses, driver's license numbers, credit card numbers - this is a very big breach.

Interestingly enough, three executives of the credit reporting agency sold their shares in the company days after the breach was discovered.

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RE: Comment by PJBonoVox
by ahferroin7 on Fri 8th Sep 2017 12:20 UTC in reply to "Comment by PJBonoVox"
ahferroin7
Member since:
2015-10-30

Only if they actually knew about the breach and it influenced their decision.

People with stock options in their employer as part of their benefits often sell off stock on a semi-regular basis so that they don't have all their money tied up in one company. Without further background on the individuals, I'd say it's 50/50 whether it was insider trading or not.

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