Enron changed how U.S. public companies audit and report their financial data. There is also an opportunity to use the Equifax data breach to create a framework for better protection of our data in future.
The credit reporting agency reported one of the largest data breaches in the history. Hackers were able to steal sensitive information from its internal servers. The stolen data include name, Social Security Number (SSN), date of birth, and also credit card numbers and driver license numbers in some cases. A massive breach like this can haunt the victims for years to come.