U.S. House panels to hold hearings on Equifax data breach

Image
Reuters WASHINGTON
Last Updated : Sep 09 2017 | 2:22 AM IST

By David Shepardson

WASHINGTON (Reuters) - Two committees in the U.S. House of Representatives will hold hearings on the Equifax Inc data breach that may have exposed personal information of many as 143 million U.S. consumers, committee spokesmen said on Friday.

"This is obviously a very serious and very troubling situation and our committee has already begun preparations for a hearing. Large-scale security breaches are becoming all too common," said Representative Jeb Hensarling, who chairs the financial services committee, in a statement.

That committee and the commerce committee will hold hearings. Both committees' staff were briefed Friday on the breach.

Commerce committee Chairman Greg Walden said in a statement, "I have decided to hold a hearing on the matter so that we can learn what went wrong and what we need to do to better protect consumers from serious breaches like this in the future."

Dates for the hearings have not yet been set.

Also on Friday New York, Illinois, Massachusetts, Connecticut and Pennsylvania attorneys general said they were opening state investigations into the Equifax Inc data breach that could be one of the largest data breaches ever in the United States.

Pennsylvania Attorney General Josh Shapiro said in a statement that his state, Connecticut and Illinois are leading a multi-state probe in the breach.

(Reporting by David Shepardson; Editing by Jonathan Oatis and Cynthia Osterman)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 09 2017 | 2:08 AM IST

Next Story