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FCA's Ongoing Commitment: Cybersecurity and Data Protection Enforcement

FCA's Ongoing Commitment: Cybersecurity and Data Protection Enforcement
Equifax Ltd, a subsidiary of Equifax Inc, has been fined £11,164,200 by the UK's Financial Conduct Authority (FCA) for a major cybersecurity breach in 2017. The breach allowed cyber-hackers to access the personal data of approximately 13.8 million UK consumers. FCA's Findings: The Preventable Nature of the Cybersecurity BreachEquifax Inc had outsourced data to servers in the US for processing, and the breach exposed sensitive information, including names, dates of birth, phone numbers, Equifax m... Read More
Posted: Oct 13 2023, 11:54
Author Name: financemagnates
Views: 091929

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