'No law can fix stupid': Congress slams former Equifax CEO for data hack

Source: The Guardian

Equifax’s “lax attitude” to protecting consumers’ data came in for sharp criticism on Tuesday as Congress grilled the credit agency’s former chairman and CEO over the company’s failures in the wake of a massive data breach.

The credit company yesterday clarified that at least 145.5 million people had their personal details, including credit card numbers, social security details, addresses, emails, mother’s maiden names exposed after one of the biggest hacks in US history.

Former CEO Richard Smith outlined steps the credit reporting company is taking to regain the nation’s trust at an appearance before a House subcommittee on Tuesday morning, the first of several he will be making over the course of the week.

Equifax has been heavily criticised for its response to the breach and congressman Frank Pallone said Equifax had an “ongoing lax attitude when it comes to protecting consumer data”.

He warned Smith that “if Equifax wants to stay in business, its entire corporate culture needs to change to one that values security and transparency.”

Congressman Paul Tonko said American now faced “a lifetime of risk” because of Equifax’s errors.

Read more: https://www.theguardian.com/business/2017/oct/03/former-equifax-ceo-deeply-regrets-how-company-handled-data-hack

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Experian is giving free scans to the dark web, while 145.5 million get what, titles of homes being swapped around, bankruptcy notices of having home currently paid for, and the equity gone....................life saving taken out , you name it its going to happen, what do we get...................were sorry,,,,,,,,,,,,,,,,,,,that's not good enough, you failed and I want your hide in jail



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