NEWSLETTER

Sign up to read weekly email newsletter

11 years 🥳 of Publication

Legal Desire Media and Insights
Donate
Search
  • Law Firm & In-house Updates
  • Deals
  • Interviews
  • Insight
  • Read to know
  • Courses
Reading: Equifax suffered another data breach in March
Share
Aa
Legal Desire Media and InsightsLegal Desire Media and Insights
  • Law Firm & In-house Updates
  • Deals
  • Interviews
  • Insight
  • Read to know
  • Courses
Search
  • Law Firm & In-house Updates
  • Deals
  • Interviews
  • Insight
  • Read to know
  • Courses
Follow US
Legal Desire Media & Insights
Home » Blog » Equifax suffered another data breach in March
InternationalNews

Equifax suffered another data breach in March

By Pallavi Versha 3 Min Read
Share

Equifax suffered another major breach before the massive data breach disclosed earlier this month, the company confirmed Monday, revealing the 118-year-old credit-reporting agency suffered two major incidents in the span of a few months adds to a mounting crisis at the company.

The earlier breach was discovered by Equifax in March. But the company said that the earlier intrusion was unrelated to the breach that may have affected as many as 143 million people, which the company discovered in July but did not disclose until six weeks later.

“Equifax complied fully with all consumer notification requirements related to the March incident,” Equifax said in a statement. “The two events are not related.”

The company said it discovered the incident on July 29 and “acted immediately to stop the intrusion and conduct a forensic review.” Equifax hired the security firm Mandiant on both occasions and may have believed it had the initial breach under control, only to have to bring the investigators back when it detected suspicious activity again on July 29, two of the people said.

The disclosure of a second major breach is likely to spark intensified scrutiny from consumers and lawmakers, who have already expressed frustration over the company’s security lapses and its handling of events after the July breach was made public.

Equifax has said the executives “had no knowledge that an intrusion had occurred at the time,” when the transactions were made and the company spokesperson declined to make them available for comment. The company’s shares fell as much as 1.3 percent in after-hours trading. The stock closed at $94.38 in New York on Monday.

At least two congressional hearings are slated for the coming weeks. And Equifax faces multiple federal investigations on the breach as well as over reports that executives sold an unusual amount stock before the July hack was disclosed. Last week, two officials responsible for Equifax’s security and information technology abruptly retired.

The company spokesperson said Equifax is “working diligently with our bank partners to assess and mitigate any impact to their operations.”

 

 

You Might Also Like

October 2024 Depo Provera Lawsuit Update

Shubham Malhotra launches LawStrings Management., A New-Age Business Development Consulting Firm for the Global Legal Industry

Latham Advises Astorg Philanthropy Investments on Series A Fundraising of InHeart

Aumirah announces Comprehensive Newsletter Series on Key Legal Topics

SpiceJet Refutes Claims by KAL Airways and Kalanithi Maran, Labels Damages Claim as Baseless

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Don’t miss out on new posts, Subscribe to newsletter Get our latest posts and announcements in your inbox.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Don’t miss out on new posts, Subscribe to newsletter Get our latest posts and announcements in your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Pallavi Versha September 19, 2017
Share this Article
Facebook Twitter Email Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

YOU MAY ALSO LIKE

October 2024 Depo Provera Lawsuit Update

Depo-Provera is a widely used contraceptive injection that has recently come under legal scrutiny. Thousands of women across the United…

News
November 9, 2024

Shubham Malhotra launches LawStrings Management., A New-Age Business Development Consulting Firm for the Global Legal Industry

The legal industry welcomes a new force in business development consulting with the launch of LawStrings Management, Founded by Shubham Malhotra,…

Law Firm & In-house UpdatesNews
September 30, 2024

Latham Advises Astorg Philanthropy Investments on Series A Fundraising of InHeart

Latham & Watkins has advised Astorg Philanthropy Investments (API) in the €11 million Series A funding round of InHeart, a…

News
June 29, 2024

Aumirah announces Comprehensive Newsletter Series on Key Legal Topics

Aumirah, a leading law firm in India’s IP sector, announces the launch of a series of newsletters aimed at providing…

News
June 14, 2024

For over 10 years, Legal Desire provides credible legal industry updates and insights across the globe.

  • About
  • Contact Us
  • Legal Marketing Service for Law Firms and Lawyers
  • Privacy Policy
  • Terms & Condition
  • Cancellation/Refund Policy

Follow US: 

Legal Desire Media & Insights

For Submissions/feedbacks/sponsorships/advertisement/syndication: office@legaldesire.com

Legal Desire Media & Insights 2023

✖
Cleantalk Pixel

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?