Less than a month after Equifax announced a cybersecurity attack that compromised the personal information of over 145 million Americans, the Subcommittee on Digital Commerce and Consumer Protection held a hearing with former Equifax CEO Richard Smith to get answers.
#SubDCCP Chairman Bob Latta (R-OH) joined Bloomberg TV to discuss the hearing, saying “First and foremost, the subcommittee’s duty today was to get these facts out.”
Full committee Chairman Greg Walden (R-OR) made an appearance on Fox Business to talk about Mr. Smith’s testimony and the IRS giving Equifax a $7.2 million contract.
“Given what the IRS should’ve known had happened at Equifax, given the unanswered questions about their own data security and the enormous breach that’s affected consumers, I don’t for the life of me understand why they proceeded with that contract at this time. We intend to ask the IRS now,” Walden said.
#SubDCCP members took to social media calling for accountability from Equifax.
Rep. Mimi Walters (R-CA) tweeted:
Rep. Ryan Costello (R-PA) posted to Facebook:
And Rep. Adam Kinzinger (R-IL) tweeted:
Finally, here’s some of what the news media is saying.
Bloomberg: ‘You can’t fix stupid,’ lawmaker tells Equifax’s former CEO: “You can’t fix stupid,” Representative Greg Walden, an Oregon Republican, said Tuesday at congressional hearings in Washington featuring former CEO Richard Smith, who stepped down from the credit-monitoring company last month. Smith, who apologized for the breach, testified before the House Energy and Commerce Committee, the first of four hearings this week on Capitol Hill. Lawmakers from both parties expressed outrage over the size the breach as well as the company’s response, and grilled Smith on the timeline of the incident, including when top executives learned about it.
AP: Lawmakers grill former Equifax chairman over data breach: House Republicans and Democrats on Tuesday grilled Equifax’s former chief executive over the massive data hack of the personal information of 145 million Americans, calling the company’s response inadequate as consumers struggle to deal with the breach. Former Equifax CEO Richard Smith apologized for the compromise of such information as names, addresses, birth dates and Social Security numbers. Smith was the lone witness at the first of several Capitol Hill hearings this week. No current Equifax official testified.
The Wall Street Journal: Lawmakers slam Equifax ex-CEO over hack: Former Equifax Inc. chief Richard Smith repeatedly told legislators Tuesday that he and other executives weren’t aware of the significance of the company’s data breach until weeks after it was detected in late July. Those assertions failed to mollify members of Congress who slammed Mr. Smith and Equifax for allowing the hack to happen, failing to immediately realize its significance and the handling of the problem after disclosing it publicly.
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