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Former Equifax chief will face questions from US Congress over hack

05 October 2017, 12:51 | Yvette Williams

Former Equifax chief will face questions from US Congress over hack

Former Equifax chief will face questions from US Congress over hack

After that, consumers will have to pay for it at the standard rate of $17 a month.

Three days later, Warren expanded her investigation into Equifax, sending letters to the Securities and Exchange Commission, Equifax's board of directors, and the Department of Homeland Security requesting additional information.

In total, Barros could make roughly $2.99 million for his job, and that could rise to $3.7 million based on performance.

House members from both parties also asked about the timeline of the breach: Equifax officials first learned in March of a vulnerability that had to be patched, Smith first learned that there was a security issue in late July, and finally that there was a breach of personal information by August 17.

"This could have been avoided if you had taken the simple step of doing security patches", said Brown.

Later that day, Equifax revealed that it also had a security breach earlier this year that involved a different part of the company than the one accessed in the larger hack.

Democrats have introduced a flurry of legislation in response to the breach.

Mr. Smith, who resigned last week, has also indicated that they have been informed of the piracy on July 31, but may not have been aware of the extent of the attack. "I am here today to apologize to the American people myself". It was only after the forensic review conducted by Mandiant that the actual number was found to be far lower than the estimate. Smith said that fix was not applied quickly enough. Debbie Dingell (D-Mich.) said in the hearing, according to The Los Angeles Times.

Playoff seeding undecided with two games remaining
The Rockies were 87-75 this season with a +67 run differential. "Throughout the struggling first half, we just kept coming at it". How is Max Scherzer's hamstring? The Los Angeles Dodgers and Cleveland Indians are tied for the best World Series odds at +333.

Equifax publicly discloses the cyberattack for the first time, saying it may have compromised the personal data of up to 143 million Americans.

Equifax has been raked over the coals for offering up a separate website to tell consumers seemingly at random if they'd been affected by the hack.

Republican Rep. Greg Walden says he expects Smith's candor and cooperation as lawmakers learn how Equifax failed to secure its systems.

Senators in hearings this week denounced Equifax's handling of the data breach that is now estimated to have affected 145 million Americans.

Smith maintained an even-keeled appearance and spoke in a muted tone throughout his testimony.

The review adds about 2.5 million Americans to the list of those affected by the massive cyber attack, bringing the total number of people in the USA potentially impacted to 145.5 million.

On Aug. 2, the same day King & Spalding was hired, Kelly approved two additional stock sales by Joseph Loughran, Equifax's president for USA information solutions and Rodolfo Ploder, president of workforce solutions, Smith said.

Smith told the lawmakers that credit reporting companies like Equifax provide a valuable service that allows consumers to get access to credit.



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