Bloomberg Law
Sept. 13, 2017, 9:19 PM UTC

Equifax Breach Under Investigation by N.Y. Department of Financial Services

Bloomberg Law - Staff Reports

By Gerald B.Silverman, Bloomberg BNA

The huge data breach at Equifax Inc. is being reviewed by the New York Department of Financial Services for possible violations of state law or regulations, a source familiar with the case, who requested anonymity because they weren’t authorized to speak officially about the investigation, told Bloomberg BNA.

The NYDFS’s new financial services cybersecurity rules have started taking effect this year. The reach of the NYDFS over Equifax’s and whether it violated New York requirements is unclear. The company is based in Atlanta and details of how and where the breach occurred haven’t been made ...

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