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UK watchdog fines Equifax $13.4 million for role in cyber breach

Britain’s financial watchdog, the Financial Conduct Authority (FCA), has fined consumer credit rater Equifax £11m ($13.4m) for its role in one of history’s largest cybersecurity breaches in 2017. The hack exposed the details of up to 147.9 million US and 13.8 million UK consumers. The FCA stated the incident was “entirely preventable”.

Source: www.reuters.com –

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