You are here: Home - Saving & Banking - News -

Equifax was unable to cope with 2,000 calls a day

0
Written by: Paloma Kubiak
17/11/2017
The CEO of Equifax has written to MPs to explain why customers seeking help and advice in the aftermath of the data breach were hit with phoneline issues.

Credit reference giant Equifax revealed in September that it had suffered a cyber data breach where 15.2 million records had been accessed.

Concerned customers took to the Equifax phoneline to seek help and advice, but many reported issues with the call service.

The Treasury Select Committee, chaired by Nicki Morgan MP, wrote to CEO Patricio Remon demanding an explanation.

In his response to the Committee, Remon said Equifax experienced some technical and operational problems with the helpline set up for those affected by the breach between 31 October and 4 November, but reassured MPs that the issues had now been resolved.

He stated Equifax suffered a short-term failure in its ‘telephony network configuration’ so some callers heard a busy tone, an incorrect pre-recorded message, or no ring tone at all. A small number also experienced poor quality phone connections.

Further, some consumers reported long waiting times to speak to a call centre agent. In the first and second week of posting letters to impacted customers (16 October onwards), Equifax received an average of 210 calls per day relating to the cybersecurity incident, with the average wait time at 20 seconds.

However, by the third week, an average of 2,145 calls were taken each day and Equifax said its call centre capacity failed to handle the higher-than-anticipated volume, meaning customers were on hold for five minutes, though a large number of calls were abandoned before being answered.

Remon wrote: “It has always been our priority to ensure impacted consumers receive the advice and protection they need. Unfortunately, we experienced some technical and operational problems with our telephone helpline. This is disappointing, and I recognise how frustrating this is for consumers.

“I sincerely apologise for any inconvenience caused. I am confident we have now resolved these issues.”

He added that to reduce the risk of any further problems, Equifax has quadrupled the number of phone lines, taken on an extra 130 call centre agents, opened a general enquiry helpline and updated its online FAQs.

Remon wrote: “I would like to assure the Committee that I am personally monitoring the situation and should any other problems emerge, I am committed to acting quickly and effectively.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
pension for your child
The tooth fairy: the first step on the road to savings

The tooth fairy is getting stingier over time though she still leaves an average of £3.34 per tooth. But this...

Close