By Jeanette Burgess, Andrew Northage
Equifax receives maximum fine for security breach; other cyber security news; latest from the ICO; update on ePrivacy Regulation; and more
Equifax receives maximum fine for security breach…
The UK arm of credit reference agency Equifax has been fined £500,000 by the Information Commissioner’s Office (ICO) for failing to protect the personal information of up to 15 million UK customers during a cyber attack in 2017. The ICO investigation found that the company had failed to take appropriate steps to ensure that its American parent, which was processing the data on its behalf, was protecting the information. There were significant problems with data retention, IT system patching and audit procedures.