State financia reguatry agencies entered int a Cnsent Order n June 25, 2018, with Equifax Inc., requiring the cmpany t take specific actin t prtect cnfidentia cnsumer infrmatin in the wake f an extensive security breach ast year. Equifax, ne f the cuntry’s three majr credit reprting agencies, discsed n September 7, 2017, that a vunerabiity in ne f its websites was expited by crimina hackers in May 2017 t gain access t the persna infrmatin f an estimated 146 miin U.S. cnsumers. Data accessed thrugh this cybercrime event incuded individua custmer names, Scia Security numbers, birth dates, addresses, and reated persnay identifiabe infrmatin. In respnse t this breach, an examinatin team cmpsed f state financia reguatrs frm Aabama, Caifrnia, Gergia, Maine, Massachusetts, New Yrk, Nrth Carina, and Texas cmmenced a muti-state examinatin f the cmpany in Nvember 2017 t evauate the cmpany’s infrmatin security and cybersecurity cntrs. The cnditins Equifax agreed t in the Cnsent Order require the cmpany’s bard t remediate the deficiencies and unsafe practices that cntributed t the breach. The rder subjects Equifax t peridic reprting t the muti-state reguatry agencies regarding remediatin effrts. Subsequent n-site reguatry reviews are panned t vaidate actins reprted by the cmpany.
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