Category Archives: Orrin Hatch

Equifax CEO called to testify before Congress about breach

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Equifax’s chief executive was formally invited Wednesday to testify Oct. 3 before Congress by top members of the House Energy and Commerce Committee. The invitation to Chairman and CEO Richard F. Smith comes less than a week after Equifax, a massive multinational credit reporting company, announced a data breach affecting up to 143 million Americans. “We look forward to hearing directly from Mr. Smith on this unprecedented breach that has raised serious questions about the security of consumers’ personal information,” full committee Chairman Greg Walden, R-Ore., and Digital Commerce and Consumer Protection Subcommittee Chairman Bob Latta, R-Ohio, said in a statement. “We know members on both sides of the aisle appreciate Mr. Smith’s willingness to come before the committee and explain how our constituents might be impacted and what steps are being taken to rectify this situation.” The committee has jurisdiction over the Federal Trade Commission and Consumer Financial Protection Bureau, two of the agencies […]

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Capitol Hill comes for Equifax, demanding answers for massive breach

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U.S. lawmakers are demanding answers from consumer credit reporting firm Equifax after the company publicly disclosed a data breach last week where the sensitive personal information, including social security numbers, of upwards of 143 million Americans was stolen. Sens. Orrin Hatch, R-Utah, and Ron Wyden, D-Ore., called Monday upon Equifax to publicly determine when the company originally contacted law enforcement in relation to the breach, Reuters first reported. The two lawmakers, who are the leaders of the Senate Finance Committee, sent a letter to Equifax CEO Rick Smith requesting additional information about the incident, including details about a trio of Equifax executives who sold company stock before the original breach announcement was made on Thursday. The letter is the latest in a series of strong public statements made by lawmakers calling for greater transparency from Equifax as it handles what some cybersecurity experts are already calling “one of the largest data […]

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