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Massive Equifax cyberattack triggers class-action lawsuit

Kevin McCoy
Dado Ruvic | Reuters

Credit-reporting giant Equifax was hit with a class-action lawsuit within hours after disclosing that a cyberattack had potentially compromised personal information for 143 million U.S. consumers.

Filed in Oregon federal court late Thursday, the civil action accuses the Georgia-based company of failing to maintain adequate electronic security safeguards as part of a corporate effort to save money.

The lawsuit on behalf of plaintiffs Mary McHill and Brook Reinhard seeks an order requiring Equifax to preserve all records related to the breach and formally designating the case as a class-action for all consumers affected by the cyberattack.

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The court complaint also seeks "fair compensation" and costs to be decided by a federal jury.

"In an attempt to increase profits, Equifax negligently failed to maintain adequate technological safeguards to protect Ms. McHill and Mr. Reinhard's information from unauthorized access by hackers," Oregon attorney Michael Fuller wrote in the complaint.

"Equifax knew and should have known that failure to maintain adequate technological safeguards would eventually result in a massive data breach."

The company did not immediately respond to a message seeking comment on the lawsuit.