Equifax hit with $70 billion class-action lawsuit after massive hack

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That didn't take long.

Two Oregon women filed a class action lawsuit against Equifax Thursday evening, just hours after the credit reporting agency revealed a massive data breach that may have compromised personal information belonging to 143 million Americans.

The complaint accuses Equifax of negligence in protecting consumer data, arguing the company chose to skimp on costs rather than take adequate technical measures that might have thwarted hackers.

"Equifax knew and should have known that failure to maintain adequate technological safeguards would eventually result in a massive data breach," the document alleges. "Equifax could have and should have substantially increased the amount of money it spent to protect against cyber-attacks but chose not to." Read more...

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Equifax hit with $70 billion class-action lawsuit after massive hack Equifax hit with $70 billion class-action lawsuit after massive hack Reviewed by mimisabreena on Saturday, September 09, 2017 Rating: 5

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