S and steps that the company has taken to safeguard

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Equifax Says Cyberattack May Have Affected 143 Million in the U.S.” and steps that the company has taken to safeguard their client’s information. On 7 th September, Equifax reported that data from their information systems had been breached by unknown hackers (Tara, 2017). It is estimated that close to 143 million people’s information was retrieved such as social security numbers, birth dates, addresses, etc. (Tara, 2017). The information retrieved can be vital to identity thieves who use the data to get access to employee accounts and bank accounts. Fraud analyst Avivah Litan was quoted saying that “on a scale of 1 to 10 in terms of risk to consumers, this is a 10” (Tara, 2017). Hence it is evident that the severity of the breaching was high and the matter needed to be looked up and quick action to be taken against the perpetrators. Companies that have a large consumer base are usually the main target by hackers because of the data retrieved can cause the most damage(Tara, 2017). Equifax manages data for
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DATA BREACH 3 more than 800 million consumers and 7,000 employers (Tara, 2017). In regards to consumer
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