Equifax breach impact will be felt ‘for months and months’ – cyber expert

NEW YORK, NEW YORK, UNITED STATES (SEPTEMBER 8, 2017) (REUTERS) – The impact of a security breach at Equifax Inc that may have compromised personal information for 143 million American consumers could be felt for a long time to come, cybersecurity expert Ryan Kalember told Reuters on Friday (September 8).

“Because it affects nearly everyone who is employed in the United States, you’ll see the impact of this for months and months to come. It will manifest itself in fraudulent e-mails that we might all receive, trying to even steal further information, as well as potential for fraud,” said Kalember, cybersecurity strategy senior vice president for Proofpoint.

Equifax discovered the breach on July 29, and said criminals had exploited a vulnerability in a website application to gain access to information, such as names, social security numbers, birthdays, addresses and driver’s license numbers.

Congress, and regulators like the attorneys general of New York and Illinois, are also probing the breach.

Equifax handles data on more than 820 million consumers and 91 million businesses worldwide.