Until last September, many people didn’t know what Equifax was, or why it had all their information. But after the credit-monitoring company announced its breach on September 7, 2017, with hackers stealing social security data on 147.7 million Americans, Equifax quickly became a household name in the worst possible way. The hack affected more than half of the American population, including Jamil Farschi, who would become Equifax’s chief information security officer six months later. Farschi has a history of rebuilding cybersecurity from rubble: he became Home Depot’s CISO after a hack exposed more than 50 million credit card accounts. He aims to do the same for Equifax. Since then, he’s laid out a three-year plan for Equifax to regain your trust, and made security every person’s job at the company. CNET sat down with Farschi at the Black Hat cybersecurity conference in Las Vegas on Thursday to discuss his plans, and the hardest part about trying to fix Equifax. Here’s an edited transcript. I know you were one of the victims affected by the Equifax breach. What was your reaction to it? Like anyone, you’re disappointed. For me, it was concerning because I just had my daughter, so at the time I wasn’t sure how it mapped out. My view is my data’s already been stolen, I have zero sense of any level of privacy, but I do care about my daughter. So I was worried about that. Fortunately, the timing didn’t work out, she was not a victim,… [Read full story]
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