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Equifax CEO Smith steps down following massive cyber hack

The credit-monitoring firm disclosed on September 7 that hackers had access to its systems between mid-May and July

Reuters 

Equifax Inc said on Tuesday its Chief Executive Officer Richard Smith will step down and forgo his annual bonus, a move that came weeks into a mounting crisis at the credit-monitoring firm stemming from a massive data breach. Equifax is being investigated by the US Federal Trade Commission, and faces a barrage of questions from Congress and public ire over what has widely been viewed as a bungled response to a hack that exposed the personal details of up to 143 million US consumers. The credit-monitoring firm disclosed on Sept. 7 that hackers had access to its systems between ...

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First Published: Tue, September 26 2017. 22:52 IST
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