Banks must change data policies post-Equifax
The Equifax data breach is in a class of its own. It compromised the personal data of 145 million people, equivalent to half the US population. The seriousness is exacerbated by the breadth of information stolen including names, Social Security numbers, birth dates, addresses, some driver’s licence numbers and 209,000 credit card numbers.
Why does Equifax hold so much data?
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