Equifax CEO 'retires' after massive data breach

Equifax's CEO is stepping down weeks after a massive data breach at the credit-reporting company was revealed to have leaked sensitive information about more than 140 million people. 

SEE ALSO: This chatbot could help you sue Equifax

Richard Smith, who has been chief executive of the company since 2005, will "retire." The wording allows Smith to leave ostensibly on his own accord, but there was little doubt that the ongoing disaster that has been the Equifax hack would eventually cost him his job. 

Equifax is currently the subject of a variety of investigations, including by the Federal Trade Commission.  Read more...

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