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Equifax lawsuit offers more evidence against passwords

equifaxEquifax’s internal security policies were a mess and directly led to one of the largest recorded data breaches in history, according to a lawsuit, demonstrating fundamental insecurities inherent in the use of passwords.

“Grossly inadequate” data protection measures that “failed to meet even the most basic industry standards”, and the use of the username and password ‘admin’ to protect a portal used to manage credit disputes are just a few of the accusations levelled at troubled credit services provider Equifax.