Insight

Equifax Continues its Commitment to Leading in Security, underpinned by ~$3B Multi-Year Investment in the Equifax Cloud™

July 23, 2025

AT THE RECENT EQUIFAX 2025 INVESTOR DAY, THE ORGANIZATION’S SENIOR LEADERS DISCUSSED the New Equifax post-Cloud focus on growth, highlighting how the new Equifax Cloud™, a global technology and security infrastructure will enable the company to continue its leadership in security and technology while driving innovation and growth. 

One of the largest Cloud initiatives ever undertaken in the industry, backed by an approximately $3 billion multi-year investment, the Equifax Cloud transformation has changed nearly every facet of the organization’s infrastructure and will be a key component to the company delivering on its EFX2027 Strategic Priorities.

“Over the last several years, we’ve made a huge investment to transform our business from top to bottom. As a company, we ‘skated to where the puck was going’, powered by the Equifax Cloud and our AI capabilities, which has positioned us well for the future,” said Jamil Farshchi, CTO at the Equifax 2025 Investor Day. “Our Cloud transformation will enable us to continue leading in security and technology.”

Today, Equifax is regarded as having one of the most advanced, effective, and transparent cybersecurity programs of its kind, highlighted by the organization’s Security Annual Report. The fifth annual report provides an in-depth look into how Equifax has doubled down on security and the measures it has implemented to face today’s cyber threats, underscoring the company’s continued commitment to transparency, collaboration and innovation.

In 2024, Equifax successfully defended against 15 million cybersecurity threats each day or 750 hostile attacks per minute, highlighting its robust threat detection and response capabilities. The organization also completed over 210,000 simulations, testing the Equifax global workforce against cyber tactics, achieving a click rate of 2.9% in targeted phishing simulations as well as accomplished a mean-to-detect time of under a minute against potential intrusions. 

As a driver of industry-first security initiatives, Equifax also deployed passwordless authentication across its entire enterprise at the end of 2024, thwarting one of the biggest threats facing security teams today: stolen credentials. The move saw nearly 22,000 global employees and contractors transition to passwordless authentication, helping slash help desk costs, enhance productivity and future-proof the organization against fast-moving AI impersonation tactics, like voice cloning.

“Our team has worked incredibly hard tackling monumental tasks, from transforming to a cloud-native environment and building a global data fabric, to solving some of the industry’s greatest problems like eliminating credentials,” added Farshchi. “We have built trust with our customers, consumers and the cybersecurity community at large and it’s a path we’re committed to continuing on.” 

Farshchi, current CTO and former CISO, was recently recognized by HotTopics’ 2025 Global CISO 100 list as a strategic and transformative leader in cybersecurity, leading an unprecedented transformation of security and technology capabilities during his tenure with Equifax. In May 2025, Jeremy Koppen was appointed as the new CISO of Equifax, tasked with continuing the organization’s leadership in security, an EFX2027 Strategic Priority.
 

View the complete Equifax 2025 Investor Day presentation here.