Equifax is plunging after announcing a massive security breach

Equifax was slammed in premarket trading early Friday, down 13.82%, the morning after the company revealed a massive data breach.

After Thursday's closing bell, the company announced that personal details, including names and Social Security numbers, of more than 143 million customers were potentially accessed by hackers from mid-May to July. Equifax said credit-card numbers for about 209,000 people and certain documents for another 182,000 were also accessed.

Three senior executives at the company dumped almost $2 million worth of stock days after the company learned of the data breach. An emailed statement from the credit-monitoring agency said the executives "had no knowledge" of the breach beforehand.

Premarket selling has shares back at levels most recently seen in February. Equifax shares were still up more than 4% this year even including Friday's slide.

SEE ALSO: 143 million people's Social Security numbers were exposed in the Equifax hack — here's how to check if you are one

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Contributer : Tech Insider http://ift.tt/2jazuHd

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