Equifax dumps CEO in wake of damaging data breach

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Credit reporting agency Equifax is ousting CEO Richard Smith in an effort to clean up the mess left by a damaging data breach that exposed highly sensitive information about 143 million Americans.

Credit reporting agency Equifax is ousting CEO Richard Smith in an effort to clean up the mess left by a damaging data breach that exposed highly sensitive information about 143 million Americans.

RELATED: Equifax breach: Criticism from lawmakers, what people can do

The shake-up announced Tuesday comes after Equifax disclosed that hackers exploited a software flaw that the company didn't fix to heist Social Security numbers, birthdates and other personal data that provide the keys to identify theft.

RELATED: Massive Equifax hack puts Bay Area residents at risk

Smith had been Equifax's CEO since 2005. Paulino do Rego Barros Jr. was named interim CEO.

Although many analysts had applauded Equifax's performance under Smith, he and the rest of his management team had come under fire for lax security and its response to the breach.

Smith's departure follows the abrupt retirement of Equifax's chief security officer and chief information officer.

Click here for more details on the hack and to find out if your info was impacted.

Related Topics:
u.s. & worlddata breachsecurity breachcomputerscrimehacking
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