Data Breaches: Financial watchdog fines Equifax Ltd £11 million for role in one of the largest cyber security breaches in history

19 Oct 2023 1:39 PM | Anonymous member (Administrator)

The FCA has fined Equifax Ltd (Equifax) £11,164,400 for failing to manage and monitor the security of UK consumer data it had outsourced to its parent company based in the US. The breach allowed hackers to access the personal data of millions of people and exposed UK consumers to the risk of financial crime.

https://www.fca.org.uk/news/press-releases/equifax-ltd-fine-cyber-security-breach

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