What does equifax mean?
Definitions for equifax
equifax
This dictionary definitions page includes all the possible meanings, example usage and translations of the word equifax.
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Wikipedia
Equifax
Equifax Inc. is a data analytics and technology company that assists organizations and individuals in making informed business and personal decisions. Headquartered in Atlanta, Ga., Equifax operates or has investments in 24 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor's (S&P) 500® Index, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax employs over 10,000 employees worldwide. Founded in 1899 and based in Atlanta, Georgia, it is one of the three largest credit agencies along with Experian and TransUnion (known as the "Big Three"). Equifax has US$3.1 billion in annual revenue and 9,000+ employees in 14 countries.In addition to credit and demographic data and services to business, Equifax sells credit monitoring and fraud-prevention services directly to consumers. Like all credit reporting agencies, the company is required by U.S. law to provide consumers with one free credit report every year.Equifax was the subject of more than 57,000 consumer complaints to the Consumer Financial Protection Bureau from October 2012 to September 17, 2017, with most complaints relating to incomplete, inaccurate, outdated, or misattributed information held by the company.In September 2017, Equifax announced a cyber-security breach, which it claims to have occurred between mid-May and July 2017, where cybercriminals accessed approximately 145.5 million U.S. Equifax consumers' personal data, including their full names, Social Security numbers, birth dates, addresses, and driver license numbers. Equifax also confirmed at least 209,000 consumers' credit card credentials were taken in the attack. On March 1, 2018, Equifax announced that 2.4 million additional U.S. customers were affected by the breach. The company claims to have discovered evidence of the cybercrime event on July 29, 2017. Residents in the United Kingdom and Canada were also impacted.
Numerology
Chaldean Numerology
The numerical value of equifax in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of equifax in Pythagorean Numerology is: 2
Examples of equifax in a Sentence
Given the vast amounts of highly sensitive personal information Equifax holds...it was completely unacceptable to find such significant shortcomings in the company's privacy and security practices.
Companies don't change their practices unless they suffer financial consequences, the fact that Equifax is not required to pay any fines is sending the wrong message.
It's problematic that he's going to have this job. The optics look really bad, the Equifax investigation is one of the biggest consumer protection matters that the FTC is dealing with.
Companies that profit from personal information have an extra responsibility to protect and secure that data, equifax failed to take basic steps that may have prevented the breach.
Equifax's failure to secure consumers' personal information constitutes a shocking betrayal of public trust and an egregious violation of West Virginia consumer protection and data privacy laws.
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"equifax." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/equifax>.
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