EQUIFAX FORMER CEO – RICHARD SMITH
Equifax loses their chief executive officer, Richard Smith. The information that has been forwarded to the media states that, Smith who has been chief executive officer since 2005, is retiring because of the hacking scandal.
Earlier in September, Equifax suffered a huge data breach because, the credit reporting agency reported that hackers gained access to sensitive personal data that belongs to their clients. Right after the announcement of the breach, Equifax`s stock dropped thirteen percent to $124.10 in extended trading.
One hundred and forty three million Americans had their Social Security numbers, their birth dates and home addresses egregiously compromised. Equifax also stated that the hackers may have obtained some “limited personal information” about British and Canadian residents.
THE EQUIFAX BUILDING AT 1550 PEACHTREE STREET, N.W, ATLANTA, GEORGIA
The company has established a new website, https://www.equifaxsecurity2017.com/. This is where they will immediately find out if their personal information has been compromised. TransUnion and Experian are the other two credit reporting agencies. Equifax is offering free credit monitoring to all U.S consumers for a year. Consumers are advised to call 866-447-7559 for additional information.