Equifax Has Spent Nearly $1.4bn on Breach Costs

Equifax Has Spent Nearly $1.4bn on Breach CostsEquifax has incurred losses so far of over $1.35bn from a devastating 2017 breach which affected more than half of all Americans and millions of UK consumers, the firm revealed in its latest financials.The credit agency claimed in its Q1 2019 earnings statement that the figure “related to the incident, incremental technology and data security costs, and an accrual for losses associated with legal proceedings and investigations.”The firm