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In early September, the world learned that the personal data of 143 million Americans, or about half the US population, was compromised by an free-roaming, multi-month penetration of Equifax. As one of three major US consumer credit reporting agencies, the historic breach and suspicious trading of shares by Equifax executives shortly after the breach was discovered moved the US Senate banking committee to convene a panel to question the former Equifax Chair and CEO Richard Smith.
A data breach often affects not only a company's reputation and customer loyalty but also the company's stock value, altering its revenue and cash flows for years to come.
* The original 21.5 million affected was revised upward to include the 4.2 million former and current federal employees whose personnel records were also breached.