Wednesday, October 04, 2017

EQUIFAX DATA BREACH_ Pennsylvania Attorney General: Equifax data breach an inexcusable breach of trust; it must be held accountable

FOX NEWS

CYBERCRIME
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Pennsylvania Attorney General: Equifax data breach an inexcusable breach of trust; it must be held accountable

By Josh Shapiro, Fox News


Congress holds hearing on Equifax data breach
Former Equifax CEO Richard Smith testifies before the Senate Banking Committee.


Tuesday, Equifax admitted the largest data breach in U.S. history affected 2.5 million more people than was previously disclosed. At least 145.5 million Americans' personal information was compromised.

Immediately after Equifax disclosed this massive breach, I directed my Bureau of Consumer Protection to open an investigation and invite other attorneys general to join our probe. That investigation has grown to include 47 state attorneys general from both parties plus the District of Columbia. We've issued subpoenas and are working together to get to the bottom of it, protect consumers and force change in corporate behavior.

Equifax claimed it learned about the breach in July, but delayed notifying the public until September 7 - a six-week, unexplained time lag. Now it has become clear Equifax was alerted to irregularities in its data system in March, but it did nothing to fix them. Those delays and the company's decision to do nothing about this security risk are key subjects of our investigation.

In recent months, my fellow attorneys general and I have settled data breach cases with Target, Nationwide and Lenovo. Those settlements have impacted millions of Americans and required the companies to change how they protect our data.
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READ MORE: http://www.foxnews.com/opinion/2017/10/04/pennsylvania-attorney-general-equifax-data-breach-inexcusable-breach-trust-it-must-be-held-accountable.html


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