Equifax said in a report that the three officials sold a “small percentage” of their stock on Tuesday, August 1, and Wednesday, August 2, adding they “had no information that an invasion had happened at the time they sold their shares.”
The SEC refused to comment on the stock sales.
Shares of Equifax fell higher than 12 percent in after-hours trading.
The organization said the revealed data include names, birth dates, Social Security numbers, addresses and some driver’s license numbers, all of which Equifax tries to protect its consumers.
Equifax figured that 209,000 U.S. credit card numbers were taken, in addition to “certain discussion documents with individual identifying data for approximately 182,000 U.S. consumers.”
“Most often, safety questions to enter those websites use that data, like a former address, so this fits an open-source intelligence nightmare, worse in several ways that the Office of Personnel Management government breach. It’s dangerous. If I can get my hands on that data I can call a bank. They’re going to request me for your Social, address, the data that was leaked here, to get access.”
Equifax Chairman and CEO Richard Smith confessed to customers and noted that he’s conscious the breach changes what the company is supposed to protect.
Equifax said it is now warning consumers whose information was involved in the breach via email and is operating with state and federal authorities. It’s private research into the breach is complete. News, praising law enforcement sources, stated that the FBI was actively examining the incident and that the organization has been cooperating with the bureau.
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