20 Sep ICO Fines Equifax for Compromising Personal Data of British Customers
UK’s Information Commissioner’s Office has fined credit rating company Equifax a total of £500,000 for its data breach which had affected the personal data of around 15 million Britons.
While the systems that were compromised in 2017 were US-based, the ICO ruled that Equifax’s UK branch had not taken appropriate steps to safeguard the data of UK citizens.
The company also kept the data longer than needed, and multiple failures had left the data exposed for prolonged periods.
Information Commissioner Elizabeth Denham said that the breach not only upset customers, it also undermined the public’s trust in digital commerce.