209,000 Credit Cards Compromised in Data Breach, Decentralized Digital Currency Needed
Equifax experienced a significant data breach resulting in 209,000 credit card numbers being compromised.
In one of the worst data breaches in recent history, Equifax, one of the three main US agencies reporting consumer credit information, was subjected to a major hack of their website, resulting in a loss of sensitive consumer data. This data included credit ratings, birth dates, addresses, and more, and may have affected 143 million customers. In addition, three major executives in the company sold shares worth around $1.8 million after the hack had been discovered but before it had gone public, after which the value of said shares tumbled.
