What can risk managers learn from the Equifax breach?

Despite the first attacks on Equifax going back as far as May 2017, the full details of the breach have not and may never be fully released to the public. There is, however, enough information available for those on the outside of the organisation to observe the lessons that can and should be learnt.

It is important to understand that although Equifax made mistakes, they’re not the only company to do so. Their biggest mistake, however, was in not having a means of recognising the errors that had been made and mitigating the situation before it became the issue it is today.

What Makes the Equifax Different

Understanding and knowing what is different about Equifax helps in appreciating the value of the lessons that it has to teach us, so here are some high-level facts.

Click on the link below to read the full article in Strategic Risk magazine:

https://www.strategic-risk-europe.com/what-can-risk-managers-learn-from-...