Equifax's Data Breach will Cost it for Months to Come
Reuters / Brendan McDermid
- Equifax has no idea how deep the losses incurred by its massive data breach will run.
- The company is also coming under fire from government agencies and courts.
Equifax reported that revenue ticked up 4% year-over-year in the third quarter to a less-than expected $835 million and that net income plunged 27% to $96 million due to the initial costs related to the most damaging consumer data hack in US history...