Credit reporting giant Equifax reported a loss of $555.9 million in the first quarter of 2019. The company’s quarterly revenue was $846.1 million, down 2 percent on a local currency basis. Equifax’s data breach exposed the personal data of 148 million individuals in the U.S., or 56 percent of all American adults. The breach also exposed information for 15 million U.K. citizens and about 20,000 Canadians. A House report into the breach released last December concluded that the breach “was entirely preventable””]
Source: https://www.cuinfosecurity.com/equifaxs-data-breach-costs-hit-14-billion-a-12473