$4 Billion: The True Cost of a Data Breach Equifax has lost over $4 Billion or about 25% of its market value as well as the CEO, CIO and Chief Security Officer, following the data breach announced in early September. Over 50 class action lawsuits have already been filed against the Company and there may be a congressional investigation into the breach. Consumers whose data was stolen will spend time and money ensuring that their financial data is secure. They will be spending sleepless [...]
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