Tag: Equifax
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The House Oversight Committee Slams Equifax in a Scathing Report
According to a report from the House Oversight Committee, Equifax didn’t take steps to prevent a massive data breach that occurred in 2017. As you’re probably aware, it was during that data breach that hackers were able to steal the personal information of 147.7 Americans from their servers. The report also suggests that they weren’t…
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CFPB Puts Equifax Investigation on Hold – But Why?
The US Consumer Financial Protection Bureau’s (CFPB) probe into the Equifax data breach has been put on hold. Maybe killed off completely. Reuters is reporting that CFPB head, Mick Mulvaney, has walked away from the regulator’s authorized investigation into the matter. Huh? How can you just stop an investigation midway through? Or was the investigation…
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Democrats Pushing a Bill That Could Fine Credit Reporting Agencies for Security Breach
We all still remember the Equifax data breach this past year. And some of us are still reeling from it. What’s interesting to me about the whole thing is that Equifax, aside from some bad PR, has walked away from this relatively unscathed. But there are two Democratic Senators who are looking to change this. …
