Washington, D.C. - October 3, 2017 (The Ponder News) -- Congressman John Sarbanes (D-Md.) has questioned former Equifax CEO Richard Smith about the data breach that exposed the personal and financial data of at least 145.5 million Americans.
“There are three things that I think the public is angry about,” said Congressman Sarbanes. “First of all, they want to understand why there weren’t sufficient protections in place on the front end so that this kind of breach wouldn’t happen given the sensitivity of the information that you’re keeping in the company. The second thing is how quickly – once a breach was discovered – you came clean to the public and provided information on what was happening. There seems to have been a delay there that concerns people. The third is whether the services that you’re now providing people are going to be a sufficient assurance to folks going forward – that their identity can be protected, that their information is safe.”
A full video of the exchange appears below.
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