Last Thursday, Equifax reported a data breach, which may have
affected up to 143 million consumers in the United States. The
credit reporting company announced that between mid-May and July of
this year, hackers accessed and stole consumer names, social
security numbers, and other personal information held by Equifax.
Canadian consumers were also affected, though the scope of the
Canadian breach is not yet known. Consumers are understandably
concerned about the ramifications of the hack, particularly as this
announcement comes almost two months after the breach occurred,
though Equifax has stated it took prompt action and engaged a
cybersecurity firm after discovering the breach.
The Equifax announcement follows closely on the heels of the
draft Breach of Security Safeguard Regulations ("Breach
Regulations") released by the Ministry of Innovation Science
and Economic Development Canada (ISED) over the Labour Day long
weekend. Organizations concerned about how to
