Equifax CIO Put ‘2 and 2 Together’ Then Sold Stock, SEC Says

  • SEC, Justice Department say illicit sale followed cyberattack
  • Ying sold almost $1 million worth of stock, government says
Photographer: Michael Nagle/Bloomberg
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The text from the Equifax Inc. executive sounded ominous: “We may be the one breached.”

Yet before the wider world learned of the credit bureau’s massive hack -- in which sensitive information for more than 140 million U.S. consumers had been compromised -- the executive, Jun Ying, was selling Equifax stock, federal authorities now say.