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Equifax Timeline
Category:
Other
Updated:
2 Dec 2017
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Created by
Emma O'Brien
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Events
May-July 2017 Hackers gained unauthorized access to data
Equifax becomes aware of security breach
website was created to help those who could have been "potentially impacted"; encouraged them to sign up for Equifax credit monitoring and identity theft protection
Equifax discloses cyber breach; number of affected people totaled at 143 million people.
launch of TrustID Premier, free of charge for 1 year only.
3 Equifax executives sell personal shares worth combined $1.8 million
TrustID terms of use are criticized for forcing users to waive rights to class-action lawsuit
NY Attorney General launches investigation into security breach
First class-action lawsuits are filed; Portland, Oregon and Atlanta, Georgia.
CEO Richard Smith writes op-ed for USA Today
CEO Richard Smith is formally called to testify before Congress before members of House Energy and Commerce Committee
Richard Smith formally testifies in front of Congress
Equifax hires DJE Holdings, parent company of Edelman
FTC launches investigation of massive data breach
CIO Dave Webb and CSO Susan Maudlin both retire, effective immediately; Mark Rohrwasser replaces Webb as CSO, and Russ Ayres replaces Maudlin as CSO.
Equifax stocks have fallen 35%
30 class-action lawsuits have been filed in 19 federal judicial districts
Abrupt retirement of CEO and chairman Richard Smith; Mark Feidler is appointed to chairman, Paulino do Rego Barros Jr. appointed interim CEO
Equifax releases another 2.5 million people affected by security breach
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