The great hack: A famous fraudster explains the Equifax data breach

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  • Legendary con-man-turned-FBI-consultant Frank W. Abagnale breaks down the 2017 Equifax data breach.
  • Hackers were able to access the personal data of millions of Americans through faulty software — and they might wait years before using the stolen social security numbers and dates of birth.
  • Abagnale blames Equifax for this oversight. If a company is entrusted with an individual’s personal data they need to do a better job of protecting it. “Hackers don’t cause breaches, people do,” he says.

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