Press Releases
Luetkemeyer Demands Answers from Former Equifax CEO on Recent Data Security Breach
Washington,
October 5, 2017
Tags:
Financial Services
Today, U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after questiong the former Equifax CEO and Chairman Richard Smith at the House Financial Services Committee.
Today, U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after questiong the former Equifax CEO and Chairman Richard Smith at the House Financial Services Committee. “Today, my House Financial Services Committee colleagues and I had the opportunity to question former Equifax CEO Richard Smith. It has been several weeks since the initial data breach and there are still too many unanswered questions. The handling of this massive breach has been completely unacceptable and has left consumers in a lurch. We all deserve information and my colleagues and I will continue to press for answers on when, how, and why this happened. In the meantime, we have to start looking ahead. An average of 13 million Americans are victims of cyber fraud or identity theft each year. We cannot continue to let data breaches be the norm. I am committed to leading the charge on data security legislation that promotes not only a smarter regulatory regime but also a better notification process for consumers.” |