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Ex-Equifax govt charged with insider buying and selling tied to ’17 breach

A former high Equifax govt was charged Wednesday with insider buying and selling for promoting almost $1 million in firm inventory after he realized a couple of main knowledge breach in 2017 however earlier than it was publicly introduced.

Jun Ying, the previous chief data officer of Equifax’s core U.S. shopper reporting division, exercised all of his vested inventory choices and bought almost $1 million in shares a little bit greater than every week earlier than Equifax introduced that hackers had damaged into its methods, in line with the Securities and Alternate Fee.

The breach compromised delicate data, together with Social Safety numbers, of greater than 140 million People.

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