Equifax Admits Data Breach Puts Millions at Risk of ID Theft

Names, addresses, Social Security and driver's license numbers stolen

Roger Davis
September 07, 2017 - 6:03 pm

Equifax, one of the nation's biggest credit reporting companies, concedes that a data breach first discovered on July 29 could expose 143 million consumers to identity theft and credit card fraud.  A company statement blames "Criminals who exploited a U.S. website application vulnerability to gain access to certain files." 

A detailed report warns that 209,000 credit card numbers were illegally obtained in addition to driver's license and Social Security numbers of about 182,000 US consumers. 

Equifax says it is in the process of mailing letters to customers whose information might have been compromised.  CEO and Chairman Richard Smith issued a separate apology saying he was "well aware" that that the breach affected the very information Equifax is supposed to protect.

Shares of Equifax fell more than five percent in after-hours trading. 

 

 

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