Moody’s Investors Service has changed its financial outlook for Equifax to “negative” from “stable” The change reflects concerns about how the credit reporting giant is recovering from the 2017 data breach that exposed the personal information of 148 million Americans. Moody’s says this is the first time that concerns over a cybersecurity event led it to change a company’s outlook. The company has spent $1.4 billion on post-breach costs so far, including overhauling its information security program. The 2017 Equifax breach exposed the data of about 56 percent of all American adults.”]
Source: https://www.govinfosecurity.com/moodys-changes-equifaxs-outlook-to-negative-a-12521