Equifax CEO Richard Smith is out after stunning data breach

Richard Smith, the beleaguered CEO of Equifax, has stepped down from his post. Apart from referring to Smith’s exit as a “retirement,” Equifax makes no effort to conceal the reasons for his departure. Since Equifax’s data breach was made public earlier this month, “[a]s much as one-third of Equifax’s market value [has] vanished;” the corporation remains under investigation by a handful of  attorneys general, in addition to the FTC; and, its efforts to work with consumers in response to the breach has been dismal. 

Read full article here