2nd Oct 2015 09:11
LONDON (Alliance News) - Information services and credit reports company Experian PLC confirmed Friday its North American unit has been subject to a data breach, news which sent its shares lower.
Experian shares were down 3.9% to 1,031.00 pence on Friday, the worst performer in the FTSE 100, after its Experian North America unit confirmed its consumer credit bureau division was breached by a data hack. Specifically, the server handling information on behalf of client T-Mobile USA Inc, the mobile carrier, was breached.
The data includes personal information on around 15 million US consumers, including those who applied for T-Mobile post-paid services or device financing from September 1, 2013 to September 16, 2015, based on the investigation Experian has so far conducted.
Experian said that upon discovering the breach, it "took immediate action, including securing the server, initiating a comprehensive investigation, and notifying US and international law enforcement."
T-Mobile Chief Executive John Legere, in an open letter to customers about the breach, said he had been assured by Experian that it has "taken aggressive steps to improve the protection of their system and of our data."
He also reiterated what Experian said about the data, saying the data which was breached did not include any payment card numbers or bank account information.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Experian