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Equifax Warned About Vulnerability, Didn’t Patch It: Ex-CEO

October 3, 2017

The security team at Equifax failed to patch a vulnerability in March after getting a warning about the flaw, opening up the credit agency to a breach affecting 143 million people, the former chief executive said Monday.

Former CEO Richard Smith, in a statement to a congressional committee released Monday, offered a timeline of the cyber attack which is believed to be the worst in terms of damaging information leaked — including social security numbers and other sensitive data.

Smith said in prepared remarks to a House panel that the company on March 9 disseminated an internal memo warning about a software flaw identified by the government’s Computer Emergency Response Team (CERT).

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