Equifax Executives Profit

Episode 1421 (03:50)

http://www.equifax.com/about-equifax/corporate-leadership

Equifax was recently hacked and over 143 million people had their credit information stolen. Even worse, Equifax executives sat on the news for five weeks while many executives sold stock before it would tank. Leo says that this was insider trading plain and simple. Equifax has a higher duty to protect user credit information because we are required to have our credit monitored. They had one job: Protect the data that they gathered without our permission. Now they want to profit from it by getting you to sign up for their "free credit monitoring service," which they will likely charge for after a year. Leo recommends to not give them any more information or a dime. Instead, put a credit fraud alert on your credit account from the big four agencies, or better yet, a credit freeze.

3 Equifax Executives Sold Stock Days After Hack That Wasn't Disclosed For A Month (NPR)...
http://www.npr.org/sections/thetwo-way/2017/09/08/549434187/3-equifax-ex...