The British Information Commissioner's Office has hit American credit information provider Equifax with a fine of £500,000 (A$909,321) over a data breach which the US firm disclosed on 7 September 2017 and which it said had occurred between mid-May and July that year. Passwords of British customers were stored in plain text, the ICO said.
A former chief information officer at American credit information provider Equifax has been charged with insider trading before the company revealed in September last year that it had suffered a massive data breach.
American credit information provider Equifax has identified another 2.4 million customers affected by a data breach it first disclosed in September last year.
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