Equifax shares tumble following a data breach #Equifax #FreeCreditRating

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Equifax shares tumble following a data breach
Equifax building

The credit rating company Equifax faced red hot chilli criticism amid a hack into their system on Friday. It is thought that around 143 million U.S. customer’s personal data were compromised.

Financial regulators and U.S. law makers are now joined to this storm and scrutinizing Equifax for encouraging customer who was potentially affected by this hack to sign up for free monitoring services. Because of this, the company has tumbled by as much as 18 percent.

The security compromise among the biggest recorded so far and it was quite alarming due to the fact that the type of information was leaked. Name of the customer, their date of birth, full addresses, social security number and more importantly driver license number was compromised, cyber guru said.