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Senators seek answers on Equifax’s massive data breach, including details on stock sales

September 12, 2017

Via: CNBC

Leaders of the Senate Finance Committee on Monday demanded answers from Equifax about its major data breach, including pressing for more details about three Equifax executives who sold shares after the breach was discovered.

The stock sales have added to the consumer backlash over the breach, which may have compromised the Social Security numbers and other sensitive information of 143 million Americans.

Three senior executives, including the company’s chief financial officer, John W. Gamble Jr., sold shares worth almost $1.8 million in the days after the breach was discovered, but before it was disclosed. The shares were not part of a sale planned in advance.

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