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Equifax CEO 'retires' after massive data breach

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Equifax's CEO is stepping down weeks after a massive data breach at the credit-reporting company was revealed to have leaked sensitive information about more than 140 million people. 

Richard Smith, who has been chief executive of the company since 2005, will "retire." The wording allows Smith to ostensibly leave on his own accord, but there was little doubt that the ongoing disaster of the Equifax hack would eventually cost him his job. 

Equifax is currently the subject of a variety of investigations, including by the Federal Trade Commission. There's also plenty of lawsuits, including a $70 billion class-action suit in the works.  Read more...

More about Equifax, Equifax Hack, Business, and Cybersecurity15TugEozoRk

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