Equifax dumps CEO in wake of damaging data breach

This July 21, 2012, photograph exhibits Equifax Inc., workplaces in Atlanta. Credit score monitoring firm Equifax says a breach uncovered social safety numbers and different knowledge from about 143 million People. The Atlanta-based mostly firm stated Thursday, Sept. 7, 2017, that “criminals” exploited a U.S. web site software to entry information between mid-Might and July of this yr. (AP Photograph/Mike Stewart)

NEW YORK (AP) – Credit score reporting company Equifax is ousting CEO Richard Smith in an effort to wash up the mess left by a harmful knowledge breach that uncovered extremely delicate details about 143 million People.

The shake-up introduced Tuesday comes after Equifax disclosed that hackers exploited a software program flaw that the corporate didn’t repair to heist Social Safety numbers, birthdates and different private knowledge that present the keys to determine theft.

Smith had been Equifax’s CEO since 2005. Paulino do Rego Barros Jr. was named interim CEO.

Though many analysts had applauded Equifax’s efficiency beneath Smith, he and the remainder of his administration group had come beneath hearth for lax safety and its response to the breach.

Smith’s departure follows the abrupt retirement of Equifax’s chief safety officer and chief info officer.

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