Equifax named Jamil Farshchi chief information security officer on February 12, 2018, after he had led security at The Home Depot. The appointment put him in charge of company-wide security-program transformation following Equifax’s 2017 data breach. Farshchi later moved into technology leadership; Equifax’s 2026 proxy identifies Jeremy Koppen as its new CISO.
Who is Jamil Farshchi?
Farshchi is a technology and information-security executive whose career has included senior roles at The Home Depot, Time Warner, Visa, Los Alamos National Laboratory, Sitel, Nextwave Broadband and NASA. Equifax’s 2025 Form 10-K records his appointment as EVP and CISO in February 2018, his combined EVP CISO and CTO role beginning in December 2024, and his move to EVP CTO in May 2025. Equifax 2025 Form 10-K
Before joining Equifax, Farshchi had served as The Home Depot’s CISO since April 2015. Equifax 2025 Form 10-K
Why did Equifax hire him?
Equifax announced the appointment on February 12, 2018, describing Farshchi as the executive who would take company-wide leadership of an information-security transformation already underway and work with other organizations to share security practices. The company said his experience at The Home Depot made him a fit for the work. Equifax’s appointment announcement
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The appointment followed the 2017 breach and Equifax’s public effort to rebuild trust. Interim CEO Paulino do Rego Barros, Jr. said the company was confident Farshchi could help it develop stronger security practices and regain consumers’ and customers’ trust. Equifax’s appointment announcement
What was Farshchi’s mandate at Equifax?
His remit was broader than managing a security department. Equifax testimony described him as reporting directly to the CEO and leading the security program, while emphasizing that protecting information should be a responsibility shared across the company—not left solely to security specialists. Equifax testimony in the 2019 hearing record
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The testimony also said Equifax added nearly 1,000 full-time IT and security professionals in 2018. That figure reflects a company-wide staffing change; it does not establish how many people Farshchi personally hired or isolate his contribution to the outcome. Equifax testimony in the 2019 hearing record
What happened after his CISO appointment?
Farshchi’s responsibilities expanded over time. Equifax’s filing lists him as both CISO and CTO from December 2024, then as EVP CTO from May 2025. The roles mark a transition from direct security-program leadership toward technology leadership; the filing does not attribute Equifax’s overall security or technology results to him alone. Equifax 2025 Form 10-K
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Equifax’s 2026 proxy names Jeremy Koppen as the company’s new CISO. It reports that about 90% of revenue in 2025 came from products delivered through an application running in Equifax Cloud, compared with 85% in 2024, and says cybersecurity-program maturity exceeded major industry benchmarks for the sixth consecutive year. Those are company-level measures, not evidence that a particular executive alone caused the results. Equifax 2026 proxy statement
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How does Equifax describe its security transformation?
Equifax says it has invested approximately $3 billion in a multi-year security and technology transformation to rebuild its capabilities, and that it has assembled a security team of more than 600 professionals. These are company-reported descriptions of the broader program, not measures of Farshchi’s individual performance. Equifax security careers page
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The company’s stated investment, staffing and cloud figures help show the scale of its transformation. They should be read as Equifax’s own reporting rather than an independent assessment of whether its security is adequate.
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