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8/16, 9:29 PM (Source: TeleTrader)
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Chart for: Equifax Inc

SEC accuses 3 individuals linked to Equifax hacking

The United States Securities and Exchange Commission announced Tuesday that it presented charges against three individuals with insider trading in connection with the Equifax hack.

According to the information provided, the individuals illegally tipped and traded in the securities of Equifax Inc. before the company issued an announcement that it had suffered a massive data breach.

The company disclosed in September 2017 that hackers logged into the personal data of up to 143 million clients. The incidents occurred between mid-May and July of that year, making it one of the most significant data breaches in the United States. According to Equifax, about 209,000 credit card numbers were exposed, and "documents with personal identifying information" for 182,000 Americans.

Baha Breaking News (BBN) / JG