Equifax fined £11mn by watchdog for cyber breach
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Equifax fined £11mn by watchdog for cyber breach

Jai Singh
13 October 2023
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The Headquarters of credit rating agency Equifax.

Equifax has been fined £11mn ($13.5mn) by the UK financial watchdog for its role in “one of the largest cybersecurity breaches in history”.

The Financial Conduct Authority (FCA) fined the credit reporting company just over £11mn for failing to manage and monitor the security of UK consumer data it outsourced to its parent company in the US, Equifax Inc.

Hackers

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