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Equifax shares plunge as Wall Street says data breach will likely cost company hundreds of millions

September 8, 2017


Analysts are worried Equifax’s data breach crisis may cost the company hundreds of millions of dollars and hurt the company’s reputation for years to come.

Equifax, which supplies credit information and other information services, revealed on Thursday it suffered a data breach that could have potentially affected 143 million consumers. The company said 209,000 credit card numbers were obtained, in addition to “certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers.”

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