Postmortem: Multiple Failures Behind the Equifax Breach

A newly released report on the Equifax breach from the U.S. Government Accountability Office, titled “Data Protection: Actions Taken by Equifax and Federal Agencies in Response to the 2017 Breach,” provides new details into how the breach occurred and what Equifax could have done to have helped prevent or more rapidly mitigate it, centering on failures involving detection, segmentation and data governance.Equifax’s latest count of breach victims includes at least 145.5 million U.S. consumers for whom PII was compromised. The credit bureau has also said that 15.2 million records pertaining to U.K. residents were exposed, putting 860,000 British consumers at risk, and said that 8,000 Canadian residents’ personal details were also exposed.