June 27, 2018 / 8:00 PM / a year ago

CORRECTED-Equifax agrees to toughen cyber-defenses in agreement with states

(Corrects paragraph one to eight instead of seven states)

WASHINGTON, June 27 (Reuters) - Equifax Inc agreed on Wednesday to do more to protect consumer data in a deal with banking regulators from eight states who investigated its security practices following a cyber attack last year that exposed data on more than 143 million people.

Equifax agreed to review its defenses against hackers and to give its board of directors more responsibility for protecting consumers.

In September, Equifax reported that hackers had accessed personal data on 143 million people.

No federal agency has yet sanctioned Equifax for the breach and state officials were left to take action, said Maria T. Vullo, head of the New York Department of Financial Services.

“In an era of weakened federal government oversight, strong state regulation is essential,” she said in a statement. (Reporting By Patrick Rucker and Karen Freifeld)

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