NextGov: The cyber attack at Equifax that compromised data for nearly half of all Americans was the result of rapid growth that boosted company’s share price but left the the consumer credit bureau’s IT systems dangerously exposed to hackers. The massive data breach, which took advantage of known security vulnerabilities, “was entirely preventable,” according to a U.S. House of Representatives committee report.
Although Equifax is far from alone—the Marriott-owned Starwood hotel chain and British Airways also reported huge hacker intrusions this year—the credit bureau breach remains one of the biggest known data thefts.
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