US FTC probes Equifax, top Democrat likens it to Enron


  • TECH
  • Friday, 15 Sep 2017

The senators also demanded that Equifax provide a timeline of the breach and its discovery.

WASHINGTON: The US Federal Trade Commission said on Sept 14 that it was investigating Equifax Inc's massive data breach, and a top Democrat suggested the credit-monitoring company's corporate leaders might need to resign.

Shares of Equifax fell 2.4% on Sept 14 and trading volume hit a record high. The shares have lost 32% since the company disclosed the hack on Sept 7.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Amazon Prime Video to exclusively stream two NHL seasons in Canada
T-Mobile to invest $950 million in venture with EQT to buy fiber optic network provider Lumos
Hertz Global eyes worst day on record as EV rental business falters
EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
Net neutrality rules to be restored in US agency vote
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?

Others Also Read