Latest in Gear

Image credit:

The FTC is investigating Equifax's data breach

The watchdog rarely comments on in-progress cases, but made an exception here.
Timothy J. Seppala, @timseppala
September 14, 2017
Share
Tweet
Share

Sponsored Links

Bloomberg via Getty Images

It's been a long week for Equifax, sure, but that's to say nothing about the 143 million consumers affected by the massive financial data breach. In a move that should bode well for the latter while placing more scrutiny on the former, the Federal Trade Commission has officially announced that it's looking into the matter. "The FTC typically does not comment on ongoing investigations," spokesperson Peter Kaplan said in a statement to Reuters. "However, in light of the intense public interest and the potential impact of this matter, I can confirm that FT staff is investigating the Equifax data breach."

The past seven days have seen the credit rating organization fumble its response to the breach, for example. And then, it was revealed that the locking procedure for credit reports itself was incredibly flawed. Oh, and politicians have demanded more information as well. That was before last night's news that the entire breach was the result of failing to patch a hole in its server security. With the FTC involved, perhaps consumers can start to rest easy.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

LG's rollable OLED TV goes on sale for $87,000

LG's rollable OLED TV goes on sale for $87,000

View
New trailer for 'The Mandalorian' season two brings back most of our old friends

New trailer for 'The Mandalorian' season two brings back most of our old friends

View
Intel sells its NAND flash memory business to SK Hynix for $9 billion

Intel sells its NAND flash memory business to SK Hynix for $9 billion

View
Can Evernote make a comeback?

Can Evernote make a comeback?

View
The SSC Tuatara has broken 330 mph and shattered a world speed record

The SSC Tuatara has broken 330 mph and shattered a world speed record

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr