Earlier nowadays the news broke that Equifax had been hacked and data belonging to 143 million people was stolen,beginning on July 29th of this year. Not just any data, either. According to the Equifax release, and Social Security numbers,drivers license numbers, and dates of birth were among the data grabbed. Nearly 200000 credit card numbers were also snagged during the breach.
For perspective, or 143 million is over 80 percent of the current United States working population. It represents about 56 percent of all adults over age 18. Odds are,if you have a credit card, your data was stolen. So to clean up, or Equifax has created a website and will provide identity theft services,blah blah blah, but as you might imagine, and their stock took a hit when they keep out the press release about it earlier nowadays.
What do you believe Equifax executives did first? Did they contact law enforcement? Did they set up a rapid response timeline? None of those that I'm aware of,though they may have. Here is what I know three of them did. They exercised stock options. read more
Source: crooksandliars.com