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Equifax CEO Will Get A 7-Digit Golden Parachute
Wednesday, September 27, 2017 - 9:10am | 376What happens to the CEO of a major corporation that suffered what could prove to be the most extreme data breach in history? In the case of Equifax Inc. (NYSE: EFX) CEO Richard Smith, then he will leave the company with a $7.6 million bonus, Gadfly's Stephen Gandel reported. Equifax confirmed...
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Equifax CEO Retires Amid Enduring Post-Hack Pressure
Tuesday, September 26, 2017 - 10:33am | 262In his 12 years as the chairman and chief executive of Equifax Inc. (NYSE: EFX), Richard F. Smith rode out multiple security breaches, but the recent hack, exposing the information of upward of 143 million consumers, proved his undoing. Amid enduring investigations and public uproar, including a...
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Cramer Adds Equifax's CEO To His 'Wall Of Shame'
Tuesday, September 19, 2017 - 9:48am | 411After Equifax Inc. (NYSE: EFX) suffered what could prove to be the most notable data breach in history, one does have to wonder how the company's CEO Richard Smith still has a job. Not only did Smith fail in handling the situation once it was brought public, but the damage to the company isn't done...
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The Tough New Question Investors Are Asking Post Equifax Breach
Wednesday, September 13, 2017 - 9:33am | 447Equifax Inc. (NYSE: EFX) recent data breach is notable in many ways and can impact investor sentiment across the entire stock market, Max Wolff, chief economist at Disruptive Technology Advisers, argued during a recent CNBC "Trading Nation" segment. Perhaps most notably, the data breach consists of...
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The Equifax Hack: What We Know
Friday, September 8, 2017 - 9:05am | 512In the company’s third major cyberattack since 2015, Equifax Inc. (NYSE: EFX) surrendered data on about 143 million consumers between mid-May and late July, according to a Thursday press release. The breach compromised about 209,000 Social Security numbers as well as credit card numbers,...