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Equifax named Jamil Farshchi its chief information security officer on February 12, 2018, tasking him with leading a company-wide effort to transform its information-security program. The appointment followed his tenure as The Home Depot’s CISO, which began in April 2015. Farshchi is no longer Equifax’s CISO: the company’s 2026 proxy identifies Jeremy Koppen as its new CISO, while Equifax filings list Farshchi as executive vice president and chief technology officer from May 2025.
Why Equifax hired Farshchi
The appointment came as Equifax was working to overhaul its security program after the 2017 data breach. Equifax said Farshchi would take company-wide leadership of that work and collaborate with other organizations to share security best practices. The company’s announcement presented the hire as part of its effort to improve security and rebuild trust with consumers and customers.
In testimony, Equifax described Farshchi as a seasoned security expert and former Home Depot CISO. It said he reported directly to the CEO and emphasized that security had to be treated as a responsibility across the company, not just within the security team. That reporting line gave the CISO direct executive access; it did not make security solely the CISO’s responsibility.
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Farshchi is a security and technology executive whose prior leadership roles included work at The Home Depot, Time Warner, Visa, Los Alamos National Laboratory, Sitel, Nextwave Broadband and NASA. Equifax’s 2025 Form 10-K describes him as Time Warner’s first global CISO and records his progression at Equifax:
#1 Best Overall
| Period | Equifax role |
|---|---|
| February 2018 | Executive vice president and CISO |
| December 2024 | Executive vice president, CISO and CTO |
| May 2025 | Executive vice president and CTO |
Before Equifax, he became The Home Depot’s CISO in April 2015. That experience preceded Equifax’s appointment, but it does not by itself establish which specific past projects or results led Equifax to select him.
What changed after his CISO appointment?
Farshchi’s Equifax remit later expanded to include the chief technology officer role. The 2025 Form 10-K records the combined CISO-and-CTO position beginning in December 2024, followed by his CTO role from May 2025. Equifax’s 2026 proxy identifies Jeremy Koppen as the company’s new CISO; it does not, in the cited information, give a date for Koppen’s appointment.
Rank #2
Equifax’s more recent figures describe company-wide technology and security changes, not outcomes attributed solely to Farshchi. Its 2026 proxy says approximately 90% of 2025 revenue came from products delivered from an application running in Equifax Cloud, compared with 85% in 2024. The proxy also says cybersecurity-program maturity exceeded all major industry benchmarks for the sixth consecutive year. Equifax’s security careers page says the company has invested approximately $3 billion in a multi-year security and technology transformation and assembled a team of more than 600 security professionals. Those broad measures provide context for the transformation, but they do not isolate Farshchi’s individual contribution.
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Equifax’s stated security transformation
In 2019 testimony, Equifax said it had added nearly 1,000 full-time IT and security professionals in 2018. Its careers page later described the broader effort as a multi-year rebuild of security and technology capabilities. The staffing and investment figures reflect Equifax’s stated program; they should not be read as proof that any single appointment or initiative produced a particular security result.
Quick Recap
Best Value
- Leadership: Farshchi took company-wide responsibility for leading the security-program transformation and, according to Equifax testimony, reported directly to the CEO.
- Technology scope: His role expanded from CISO to a combined CISO-and-CTO position before he became CTO.
- Current security leadership: Equifax’s 2026 proxy names Jeremy Koppen as CISO.
- Reported company metrics: Equifax has cited cloud-delivered revenue, benchmark maturity, investment and staffing as indicators of its broader transformation, without assigning those outcomes exclusively to Farshchi.
Sources
- Equifax announcement naming Jamil Farshchi CISO, February 12, 2018
- Equifax 2025 Form 10-K
- Equifax 2026 proxy statement
- Equifax testimony in the 2019 hearing record
- Equifax security and technology careers page
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