This isn’t the first time in recent years that Equifax and other credit agencies have had their data breached by hackers. However, this could be the first time in recent history that the Chinese military has been involved with the hack.
The 2017 Equifax data breach that affected more than 147 million individuals has finally been traced back to four members of the Chinese military who have been indicted by the US government. Compromised information includes social security numbers, driver’s license info, addresses, names, and other personal data. Attorney General William Barr addressed the issue during a press conference.
“This is one of the largest data breaches in history”: Four members of China’s military have been indicted by the U.S. government on charges of hacking into the credit-reporting agency Equifax Inc. https://t.co/sYf0G9luO1 pic.twitter.com/2OG6oP9rfH
— CBS News (@CBSNews) February 10, 2020
The four individuals have also been accused of stealing Equifax trade secrets, which include database designs and other sensitive information.
Unfortunately, the accused hackers have not been detained. Still, criminal charges have been pressed against them as a statement of what might happen to future hackers who threaten American businesses.
Thank you to our friends at RightWing for contributing this piece.