The U.S. House Oversight Committee released a report Monday on last year's data breach of Equifax, saying the incident was "entirely preventable" and that the company mishandled its response, according to Politico. "Equifax failed to fully appreciate and mitigate its cybersecurity risks," the Congressional report states. Two factors led to the breach: The company's structure allowed gaps between IT policy development and operations, and the company grew too fast, creating a series of legacy systems. Meanwhile, The Wall Street Journal reports the black market for compromised personal data continues to grow. With hundreds of millions of people affected by breaches, such as the ones that hit Yahoo, Marriott and Equifax, personal information is widely available and cheap on the dark web. (Registration may be required to access this story.)
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