Equifax’s 2024 Security Annual Report: Leading the Way in Cybersecurity Innovation

Equifax, a global leader in data, analytics, and technology, has once again demonstrated its unwavering commitment to cybersecurity excellence with the release of its fifth annual Security Annual Report. The report showcases Equifax’s dedication to transparency, collaboration, and innovation in the face of evolving cyber threats.

CEO Mark W. Begor emphasizes the company’s transformation to prioritize security at every level, creating a culture where security is ingrained in the organization’s DNA. Equifax’s focus on leveraging Equifax Cloud and EFX.AI capabilities has paved the way for innovation, new products, and future growth, all while placing strong emphasis on cybersecurity in every business action.

Key highlights from the report include Equifax’s impressive defense against 15 million cybersecurity threats daily, a transition to passwordless authentication for 22,000 global employees and contractors, and the completion of over 210,000 simulations to test the company’s workforce against cyber tactics. The organization also achieved a mean-to-detect time of under a minute against potential intrusions, showcasing its robust threat detection and response capabilities.

Chief Technology Officer and Chief Information Security Officer Jamil Farshchi underscores Equifax’s proactive approach in modernizing defenses, accelerating Equifax Cloud adoption, and deploying passwordless technology to future-proof the organization against emerging cyber threats. The report also highlights Equifax’s exceptional performance in security maturity scores and security posture compared to industry benchmarks.

Looking ahead, Equifax remains committed to enhancing its security posture and programs to anticipate and combat evolving cybersecurity threats. The report emphasizes the organization’s strengthened partnership between security and technology, driving efficiency, enhanced security, and market differentiation through over 100 new product innovations launched in 2024.

In conclusion, Equifax’s 2024 Security Annual Report exemplifies the company’s steadfast dedication to cybersecurity leadership and innovation. By staying ahead of the curve and continuously evolving its security practices, Equifax sets a high standard for the industry. To learn more about Equifax’s comprehensive approach to cybersecurity, dive into the full report here. The following content will be rewritten:

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