Does someone from Equifax need to go to jail?
via AP

Does someone from Equifax need to go to jail?

#LockUpEquifax
#EquifaxVictimsToo
Join the conversation and vote below

Equifax exposed the personal information of 143 million Americans when hackers were able to breach its security. On top of that, it looks like Equifax executives sold off $2 million of stock before the news was announced to the public. Senator Heidi Heitkamp said, "someone needs to go to jail." Equifax hasn't revealed any details yet, but unverified reports say hackers took advantage of software vulnerabilities to break in. Some argue that Equifax is a victim too. What do you think? 😡

#LockUpEquifax
#EquifaxVictimsToo

Equifax seriously messed up here. It's a cornerstone of the American economy and yet it couldn't keep its security straight. Hacks like these are not inevitable. They're the direct product of underinvestment in security and neglect. Companies like Equifax make good money. It exists solely to collect and protect private information. That's literally the company's only job. 

Worse yet, it looks like three executives—including the CFO—sold around $2 million in stock before the breach was announced to the public. On its website created for people to check if they've been affected, the terms of service made it so that anyone using the service would agree to not sue Equifax. If you were affected, you had the opportunity to fork over $30 to Equifax for it to freeze your credit. 

Equifax messed up, then it messed up again. People must be held accountable for this. 

A small minority point out Equifax is a victim too. It was targeted by hackers who criminally broke in to steal information. 

While Equifax has not released the exact cause of the breach, a report from William Baird & Co. says hackers exploited a bug in Apache Struts (industry-standard server software) to compromise the system. It's unclear if the bug was the latest bug disclosed on September 4 or another bug which was disclosed in March of 2017. 

It's difficult to maintain security to begin with. It's even more difficult to protect such high-value targets. It's the hackers who wronged people, not Equifax. 

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