ICBA Sues Equifax over Massive Data Breach

CBAI supports ICBA filing a class action lawsuit against Equifax, Inc. for “financial losses and increased data security risks that are a direct result of Equifax’s egregious failure to safeguard, and affirmative mishandling of, the financial institutions’ customers’ highly sensitive personally identifiable information”. The lawsuit, which was filed in federal court in Georgia (where Equifax is headquartered), seeks to require Equifax to compensate all community banks harmed by the breach and to improve its security to avoid additional harm to consumers and local communities. Read ICBA’s Complaint. Data Breach Information Center and Resources.

December 6, 2017