Equifax, Chapter 3

“Two Equifax Officials Exit,” The Wall Street Journal, September 16, 2017 B1.  In the biggest surprise since the sun set last night, the CIO and the chief security officer at Equifax have retired. A week after the hack of 143 millions account records.

What about the members of the Board of Directors, who knew of the risk of a cybersecurity breach and didn’t take sufficient steps to prevent it?  The shareholders – who didn’t have the power to makes sure Equifax’s network was secure – will certainly pay.  But what about the directors?  And the other officers, starting with the CEO.

By the way, what are their names, Social Security numbers, dates of birth, and driver’s license numbers?  Inquiring minds want to know.

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Filed under Access, Board, Compliance, Controls, Corporation, Directors, Duty, Duty of Care, Employees, Governance, Internal controls, IT, Oversight, Oversight, Privacy, Protect assets, Protect information assets, Security, Value

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