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Poor security design and how not to handle a cyber attack -- lessons from Equifax

betanews Friday, 8 September 2017
The data breach at credit agency Equifax looks to be one of the biggest in recent times. Industry experts have been quick to criticise both the company's security and its response to the breach. Once again we've seen a breach exploiting a web app vulnerability that has managed to go undetected for several months. There has also been criticism of Equifax executives actions in selling $1 million worth of stock before going public about the breach. "This breach is totally inexcusable," says Mike Shultz, CEO of Cybernance, a cyber governance company. "This wasn't a technical assault -- this was a… [Continue Reading]
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Source: Reuters Studio - < > Embed

News video: Equifax shares slump after massive data breach

Equifax shares slump after massive data breach 01:08

Equifax's shares tumbled after the provider of consumer credit scores revealed that hackers may have stolen personal data of 143 million Americans. Fred Katayama reports.

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