Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,843 posts)
Wed Sep 13, 2017, 08:02 PM Sep 2017

Equifax CEO to testify before House panel on hack

Source: Reuters

#TECHNOLOGY NEWS SEPTEMBER 13, 2017 / 4:27 PM / UPDATED 24 MINUTES AGO

Equifax CEO to testify before House panel on hack

Reuters Staff
4 MIN READ

WASHINGTON (Reuters) - A U.S. House panel said Wednesday the chief executive of Equifax will testify about a massive data breach that impacted up to 143 million Americans at an Oct. 3 hearing, as the company’s shares fell another 14.6 percent amid pressure on the company to explain its handling of the hack.

The company’s shares have fallen more than 30 percent this week amid letters from members of Congress about the hack and requests for answers.

Representative Greg Walden, Republican chairman of the Energy and Commerce Committee, and Republican Representative Bob Latta, said that the company’s chief executive, Richard Smith, had agreed to testify.

“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,” the lawmakers said in a statement.

-snip-


Read more: http://www.reuters.com/article/us-equifax-cyber/equifax-ceo-to-testify-before-house-panel-on-hack-idUSKCN1BO2MO
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Equifax CEO to testify before House panel on hack (Original Post) Eugene Sep 2017 OP
Corp needs to be sued and jailed outta business Benny19851 Sep 2017 #1

Benny19851

(13 posts)
1. Corp needs to be sued and jailed outta business
Thu Sep 14, 2017, 01:36 PM
Sep 2017

Could the government finally nail a corporation to the wall for recklessness?

Latest Discussions»Issue Forums»Congress»Equifax CEO to testify be...