U.S. SEC charges 3 people with insider trading related to Equifax hack

2022.08.16 22:37

Credit cards, a chain and an open padlock is seen in front of displayed Equifax logo in this illustration taken September 8, 2017. REUTERS/Dado Ruvic/Illutration

(Reuters) – The U.S. Securities and Exchange Commission said on Tuesday it had charged three individuals for illegally tipping and trading in the securities of Equifax Inc (NYSE:EFX) before the company announced it had experienced a massive data breach.

Equifax, a provider of consumer credit scores, in September 2017 revealed that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July that year, making it one of the largest data breaches in the United States.

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