3 Equifax Managers Sold Stock Before Cyber Hack Revealed

3 Equifax Managers Sold Stock Before Cyber Hack Revealed

Assessment

Interactive Video

Business

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The video discusses a significant security breach at a US company, involving the sale of shares by top executives shortly after the breach was discovered internally. The company claims the executives were unaware of the breach at the time of the sales. The breach affected approximately 140 million US customers, raising questions about the timing of the share sales and potential regulatory scrutiny.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who were the executives involved in the share sales after the breach was discovered?

Chief Financial Officer and presidents of two business units

Chief Human Resources Officer and Chief Legal Officer

Chief Marketing Officer and Chief Technology Officer

Chief Executive Officer and Chief Operating Officer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the company claim about the executives' knowledge of the breach at the time of the share sales?

They had partial knowledge of the breach

They were unaware of the breach

They were informed by external sources

They were fully aware of the breach

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential consequence of the share sales occurring shortly after the breach?

Regulatory investigations

Improved public relations

Higher stock prices

Increased company profits

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many US customers were potentially affected by the security breach?

200 million

140 million

100 million

50 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the security breach according to the company?

It is a minor incident

It was quickly resolved without any impact

It is one of the largest breaches ever for a public company in the US

It only affected a small number of customers