June 28, 2018 / 1:49 PM / a year ago

Former Equifax employee charged in U.S. with insider trading

June 28 (Reuters) - A former Equifax Inc software development manager was criminally charged on Thursday with engaging in insider trading ahead of the credit reporting company disclosing a massive breach that exposed the personal data of about 148 million people.

Federal prosecutors in Atlanta announced the charges against Sudhakar Reddy Bonthu, who according to court papers was among the employees tasked with assisting in the company’s respond to the breach. (Reporting by Nate Raymond in Boston Editing by Chizu Nomiyama)

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