How Equifax Accelerated its Leadership in Cybersecurity in 2021

EQUIFAX HAS ACCELERATED ITS LEADERSHIP IN SECURITY over the last year. The company expanded its top-tier cloud security to include automated validation and monitoring; fortified its digital supply chain with greater detail, speed, and innovation; strengthened its global risk posture; enhanced its employee security training; and engaged with stakeholders around the world to help others prepare for and defend against emerging threats.

“We are committed to being a leader in cybersecurity and to continuously raising the bar to out-smart, out-work and out-innovate cyber criminals. Few companies have dedicated more time and resources into ensuring that consumer information is protected,” said , Jamil Farshchi Chief Information Security Officer of Equifax, who recently released the company’s 2021 Security Annual Report.

The Report shows that, for a second-consecutive year, the maturity of Equifax’s cybersecurity program exceeded every major industry benchmark, according to a leading global research and advisory firm. Additionally, a leading cybersecurity reporting service found that Equifax’s security posture ranked in the top 1% of Technology and Financial Services companies analyzed.

The Report also highlights the impact of EFX Security in 2021:

  • 35M+ Cyber threats defended against on average each day
  • 370,000+ Simulations conducted to test the global workforce in security
  • 11,000+ Employees received personalized security training
  • 1000+ Deep-dive analyses conducted on critical digital supply chain partners
  • 800+ Organizations supported through Equifax Breach Services
  • 160+ Automated cloud security checks monitored in real time
  • 150+ Equifax products securely brought to market
  • 25+ Industry forums participated in to tackle global cyber challenges
  • 20 Certifications obtained from outside auditors

In recent years, Equifax has taken unprecedented steps to transform its security program across every level. The company invested $1.5 billion to rebuild its security and technology systems from the ground up; built a $7.3 million Cyber Fusion Center that supports 24/7 detection and response; and hired more than 600 highly-skilled cybersecurity professionals to protect consumer data.


Source:  Marketscreener