Speaking at a news conference in Washington, Barr noted that it’s unusual for the US to charge members of another country’s military or intelligence service outside the US, but said the hack “not only caused significant financial damage to Equifax, but invaded the privacy of many millions of Americans, and imposed substantial costs and burdens on them as they have had to take measures to protect against identity theft.”
“This data has economic value and these thefts can feed China’s development of artificial intelligence tools as well as the creation of intelligence targeting packages,” Barr said.
Hackers leveraged a security flaw in a tool designed to build web applications to steal customer data. Equifax admitted it was aware of the security flaw a full two months before the company says hackers first accessed its data.
The data breach prompted the resignation of CEO Richard Smith and investigations by federal regulators, multiple states attorneys general and the company faces a number of civil lawsuits.
This story is breaking and will be updated.