Ex-Equifax employee alleges firm allowed fraudulent access to credit file

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A former Equifax employee has filed a class-action lawsuit against Equifax Canada Co. and Equifax Inc., claiming the credit bureau allowed a third-party partner, Borrowell, to access his credit file without consent based on a fraudulent account. The application alleges Equifax’s automated matching mechanisms approved access using partial, inaccurate, or outdated information without proper identity verification. This case highlights the importance for investors affected by the CIRO data breach to regularly review their credit reports.

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