Beset by Lawsuits, Scams, Investigations, Equifax names Source of Breach

In-brief: Beset by a plunging share price, class action lawsuits in dozens of states, pending Congressional hearings and a FTC investigation, Equifax on Wednesday finally settled speculation and named a six month old hole in a common software platform, Apache Struts, as the cause of a massive hack.

Beset by a plunging share price, class action lawsuits in dozens of states, pending Congressional hearings and a FTC investigation, Equifax on Wednesday finally settled speculation and named a six month old hole in a common software platform, Apache Struts, as the source of a massive hack of the company that resulted in the theft of information on 143 million individuals

In a statement the company said that a hole in the Apache Struts platform first identified in March, 2017 and patched in August was used by hackers to compromise a web application and gain access to the information which included names, email addresses and, for US residents, Social Security Numbers. The vulnerabili...

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