United States:
Legislators Address Equifax Data Breach And Potential New Protections
29 November 2017
by
Daniel J. McLoon
,
Mauricio Paez
,
Richard Johnson
,
Jonathon Little
,
Kevin Lyles
,
Todd McClelland
,
Lisa M. Ropple
,
Jeff Rabkin
,
Adam Salter
,
Michiru Takahashi
,
Undine Von Diemar
,
Olivier Haas
,
Jörg Hladjk
and
Anand Varadarajan
Jones Day
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On October 17, the Senate Banking Committee held a hearing to
consider legislative responses in the wake of the hack to a
consumer reporting agency that reportedly exposed more than 145
million Americans' unique personal identifying information. On
September 15, the Senate introduced the Freedom from Equifax Exploitation Act to give
consumers more control over their own credit data, while on October
12, the House of Representatives introduced the PROTECT Act to allow federal banking
regulators to conduct regular examinations of credit bureaus'
cybersecurity protocols.
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