The new CEO of Equifax told bankers Wednesday in London that the credit reporting firm will be more transparent about its efforts to improve cybersecurity, American Banker reports.
Equifax first detected suspicious activity in July of last year, but more than five weeks passed before it publicly announced the breach in early September.
“We’re going to tell customers exactly where we are in the work that we’re doing,” CEO Mark Begor said at a conference in London, American Banker reports.…