Actuaries are still tallying the cost of last year’s Equifax breach, but current estimates are up to about $600 million for the costliest breach
incident in corporate history. Equifax in September 2017 said attackers exposed the personal data and full names of about 150 million U.S. consumers, and millions more in the U.K. and Canada.
Fallout from the Equifax breach is coming into clearer focus as more companies begin pinpointing its effects over the last several months. What follows are some new e-commerce fraud trends that followed the Equifax breach, and how consumers reacted to the incident.