"Humbled" Equifax CEO Explains Why Company Hesitated To Disclose Massive Data Breach
Two days after Equifax revealed that hackers had stolen the sensitive information of more than 143 million customers, prompting a deluge of lawsuits from outraged consumers alleging everything from negligence to outright fraud, the credit-security company’s CEO Richard Smith has chosen the op-ed pages of USA Today – America’s largest circulation newspaper – as the venue for a platitude-laden apology that we imagine will provide scant comfort to individuals who are now having their identities “repurposed” for all manner of nefarious purposes.