Equifax has spent $242.7 million on its data breach so far
Equifax’s first quarter earnings report highlighted expenses due to its September 2017 data breach and how the spending is shifting more toward IT and security.
In its first quarter earnings report, Equifax outlined that it spent $45.7 million for the three months ended March 31 on IT and data security. The company has been staffing up to bring on expertise to shore up its security.
