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MoFo Reenforcement The Enforcement Blog

Equifax Fallout: NYDFS Acts Again

Posted in Privacy, State Regulators

The massive Equifax breach continues to prompt responses from a wide-range of regulators. While this is not surprising in light of the scale and nature of the incident, a number of regulators are taking more aggressive and more public actions in just a short time following public announcement of the breach. While there is a long history of various regulators taking action following high-profile breaches, the speed of the regulatory response has been unique when compared with other high-profile breaches that have occurred in the past five years. For example, while multistate Attorney General (“AG”) investigations and settlements are becoming the norm, the Massachusetts AG has already filed suit against Equifax.

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