It's a foundational truth in cybersecurity: we study past mistakes so our clients don't have to repeat them. As leaders in Security Operations at Foresite, we frequently examine these pivotal moments to extract the core wisdom needed to protect modern businesses today.
One event that consistently resurfaces in our discussions is the 2017 Equifax breach—not because it was sophisticated, because it wasn't. It was a devastating failure rooted in basic cybersecurity hygiene, a crisis of fundamentals that serves as a timeless lesson for every organization.
The Equifax breach was a cascading series of failures:
The anatomy of a breach: a cautionary tale
This is the age-old struggle of the CIA Triad—a dangerous imbalance where business leaders, prioritizing Availability (Uptime), deny critical patch cadence, leading to a monumental loss of confidentiality and integrity.
A high-level timeline of where controls, and then detection, broke down:
|
Date/Period |
Incident Stage |
Failure Point |
|
March 7, 2017 |
Patch Availability |
The Apache Struts patch is released and publicly available. |
|
Mid-May 2017 |
Initial Breach |
Attackers exploit the unpatched vulnerability to gain initial access. |
|
May - July 2017 |
Data Exfiltration |
Attackers exfiltrate sensitive PII over several weeks. |
|
July 29, 2017 |
Detection |
The breach is finally detected only because of unusual network activity, two months after the initial intrusion. |
Equifax Breach 2017: A timeline of execution failure
At Foresite, we operationalize the lessons learned from history to secure your future. Our managed services are designed to eliminate the gaps that led to the Equifax failure, ensuring security fundamentals are not just implemented, but enforced 24/7.
Foresite's commitment: operationalizing the lessons
The Ghosts of Equifax Past serve as a powerful reminder: security failure is often rooted in a lack of execution on fundamentals. We recognize that the market is now demanding certainty, and we believe that the fundamental value of being able to consistently prove our accuracy and fidelity is the standard that will capture the market.
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Civil Fines and Settlements
Summary: Details the global settlement of up to $700 million agreed upon by Equifax with the FTC, CFPB, and states for failing to implement reasonable security measures.
Source: FTC: Equifax Data Breach Settlement
Criminal Indictments (Chinese Military)
Summary: Reports the U.S. Department of Justice charged four members of the Chinese People's Liberation Army (PLA) for computer fraud and economic espionage related to the intrusion.
Source: DOJ: Attorney General William P. Barr Announces Indictment of Four Members of China's Military for Hacking into Equifax
Criminal Indictments (Insider Trading)
Summary: Confirms a former Equifax CIO was criminally charged and sentenced to prison for insider trading (securities fraud) related to the breach disclosure.
Source: DOJ: Former Equifax employee sentenced for insider trading
Technical Root Cause
Summary: Confirms the initial entry exploited the Apache Struts vulnerability (CVE-2017-5638) due to the company's failure to apply the publicly available patch.
Source: CFPB, FTC and States Announce Settlement with Equifax Over 2017 Data Breach