You got that right.
Equifax, works to identify "credit worthiness" for individuals and employers and to assist both in maintaining "credit worthiness", and in this modern age "credit worthiness" is under seige through modern methods of identity theft, and Equifax looses the personal information on its own employees, through negligence. That's rich.
"Equifax, works to identify "credit worthiness" for individuals and employers and to assist both in maintaining "credit worthiness",
You seem to be mistaken about the "mission statement" of Equifax. Their #1 mission is to avoid lawsuits. They seem to do this by avoiding any effort to be responsible for the "content" of their data. If they take any effort to "clean up" the known inaccuracies in their data, they then risk becoming liable for any remaining inaccuracies. However, if they make no effort to clean up the data, then they have less liability. It's their own version of "Don't ask, don't tell".