Ex-Equifax Exec Pleads Guilty to Post-Hack Insider Trades

A former chief information officer at Equifax Inc. pleaded guilty March 7 to making insider trades before the company publicly announced a 2017 data breach.

Jun Ying figured out the company was the victim of a hack after Equifax asked employees to help respond to a customer’s breach, the Justice Department said. He pleaded guilty after a failed December attempt to get the indictment tossed.

Ying made about $480,000 and avoided significant losses by exercising his company stock option before the data breach became public, DOJ said in the March 2018 indictment.

He faces up to 25 years in ...