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.

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