“Either way, you should be fired.”Equifax already got rid of Mr. Smith, who announced his retirement last week. That was compounded by a technical error: The scanning software that Equifax used to detect vulnerabilities failed to find the unpatched hole, he said. Mr. Smith maintained an even-keeled appearance and spoke in a muted tone throughout his testimony. But Mr. Smith refused to commit Equifax to making whole any people who had been financially harmed as a result of the breach. The three executives who sold stock are “honorable men of integrity” who were unaware of the technical investigation, Mr. Smith said.

Source: New York Times October 03, 2017 13:30 UTC