Equifax agrees to tighten data security in agreement with eight states

StateScoop: The credit-rating company Equifax has agreed to conduct more audits and risk assessments and share the results with regulators in eight states as a consequence of a data breach last year that exposed the personal information of as many as 148 million people.

Under a consent order signed Wednesday, Equifax will overhaul its data security protocols and information technology practices. The company is also required to report back to banking regulators in the states that signed the order, including California, Texas, New York, Georgia, North Carolina, Massachusetts, Alabama and Maine.

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