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Department of Justice Blames China for Equifax Data Breach: What You Need to Know


It's been more than two and a half years since Equifax (NYSE: EFX) suffered one of the biggest data breaches in history. Yet while investors were quick early on to focus on Equifax's responsibility for the breach, the U.S. Department of Justice just opened a brand new chapter in the story of the breach, its causes, and its consequences.

The Justice Department announced Monday that an Atlanta-based federal grand jury returned indictments against four Chinese military personnel last week. The indictments charged the four members of the People's Liberation Army with hacking into Equifax's computer systems and stealing both trade secrets and personal data from about 145 million Americans.

Image source: Getty Images.

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Source Fool.com

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