The accessed Equifax data reportedly included sensitive information such as social security numbers, birthdays, addresses, and in some instances, driver's license numbers — a virtual treasure trove for identity thieves. Not long after the Equifax data breach, SEC Chairman Jay Clayton also announced a data breach into the SEC's EDGAR system, a vast database that contains information about company earnings, share dealings by top executives and corporate activity such as mergers and acquisitions. Accessing that information before it's disclosed publicly could allow hackers to profit by trading ahead of the information's release. With respect to the Equifax data breach, now "retired" Equifax CEO Richard Smith told a breakfast meeting in mid-August 2017 that data fraud is a "huge opportunity," allowing Equifax to sell consumers more offerings.