San Francisco City Attorney Dennis Herrera lawsuit

San Francisco City Attorney Dennis Herrera filed a lawsuit on Tuesday against Equifax, the credit reporting firm which suffered a massive data breach affecting personal identifying information of 143 million people — more than half the country’s adult population.

The city attorney’s office said in a notice that the lawsuit was filed against Equifax for failing to protect the personal data of more than 15 million Californians. That data included details such as Social Security numbers, names and birth dates.

San Francisco is the first city in the U.S. to sue the company over the data breach that eventually saw Equifax CEO and Chairman, Richard Smith, abruptly retire on Tuesday.

“Equifax’s incompetence would be comical if the subject matter weren’t so serious,” Herrera said in a prepared statement. “This company fell asleep at the switch and upended the lives of millions of people.”

Equifax did not immediately respond to CNBC’s request for comment, which was sent outside office hours.

Equifax is one of the three major credit reporting firms in the U.S. The company said on September 7 that it discovered a breach on July 29, affecting millions, including some outside the United States.

The breach has sparked multiple investigations at the state and federal level, including the Department of Justice in Atlanta, where Equifax is based, and the Federal Trade Commission.

“The information that Equifax failed to safeguard is what people need to open a bank account, buy a home or rent an apartment,” Herrera said. “Now Californians have been put at risk of identity theft for years to come.”

The lawsuit was filed in San Francisco Superior Court and it stated that Equifax violated “state law governing unlawful, unfair or fraudulent business practices,” according to Herrera’s office.

The statement from Herrera’s office accused Equifax of failing to implement and maintain reasonable security procedures and practices, not providing timely notice of the data…

Read the full article from the Source…

Leave a Reply

Your email address will not be published. Required fields are marked *