Equifax fined by ICO over data breach that hit Britons

Equifax fined by ICO over data breach that hit Britons

Credit rating agency Equifax is to be fined £500,000 by the Information Commissioner’s Office (ICO) after it failed to protect the personal data of 15 million Britons.

A 2017 cyber-attack exposed information belonging to 146 million people around the world, mostly in the US.

The compromised systems were also US-based.

But the ICO ruled Equifax’s UK branch had “failed to take appropriate steps” to protect UK citizens’ data.

It added that “multiple failures” meant personal information had been kept longer than necessary and left vulnerable.

Originally, Equifax reported that fewer than 400,000 Britons had had sensitive data exposed in the breach – but it later revealed that the number was nearly 700,000.

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