Credit reporting giant Equifax has spent nearly $1.4 billion on cleanup costs and overhauling its information security program following its massive 2017 data breach. Atlanta-based Equifax announced its financial results for the first quarter of 2019, ending March 31, reporting a loss of $555.9 million. The company’s quarterly revenue was $846.1 million, down 2 percent compared to first quarter 2018 although up 1 percent on a local currency basis. Equifax’s data breach resulted in the exposure of the personal data of 148 million individuals in the U.S., or 56 percent of all American adults.”]
Source: https://www.govinfosecurity.com/equifaxs-data-breach-costs-hit-14-billion-a-12473