UK Watchdog Fines Equifax $13.4 Million over 2017 Data Breach

The UK’s Financial Conduct Authority has fined credit reporting agency Equifax 11 million pounds ($13.4 million) for gravely mishandling a run-in with hackers in 2017. In 2017, Equifax’s parent company, Equifax Inc, suffered one of the largest data breaches ever recorded, the FCA notes [https://www.fca.org.uk/news/press-releases/equifax-ltd-fine-cyber-security-breach] . The attackers made off with the personal data of approximately 13.8 million UK consumers because Equifax outsourced data to Eq