Equifax fined £11m for "entirely preventable" cyberbreach affecting 13m customers

Credit reference agency and data analytics companyEquifax has been fined over £11 million for its prolonged mishandling of an "entirely preventable" cyberbreach in 2017, which affected over 13m UK customers.

By Neasa MacErlean

The fine covers the nature of its outsourcing arrangement to its United States parent company, which handled the data, its late knowledge of the breach, inadequate complaints measures and inaccurate public statements.