Data breach in Equifax

PLEASE READ THE QUESTION CAREFULLY AND PROVIDE COMPLETE ANSWERS TO EACH QUESTION.

1. What is Equifaxs responsibility towards protection of consumer information?
2. How did the cybersecurity breach happen at Equifax?
   • What factors led to the breach?
   • Who is responsible?
3. In your opinion, how should Equifax have prepared for possible breaches and subsequent responses?
4. What do you make of the arbitration clause initially included in the Trusted ID product?
   • Was it fair or unfair? Why?
5. What lessons can be learned from this case?