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Financial services groups ask Congress to pursue new data breach rules

Reading Time: < 1 minute  |  Published: January 15, 2018 in Industry News
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Last week, two top Democrats, Sens. Mark Warner, D-Virginia, and Elizabeth Warren, D-Mass., called for increased governmental oversight over credit reporting agencies and stiff penalties for those agencies should they fail to protect consumers’ personal information. But credit reporting agencies are far from the only companies...

After Equifax breach, anger but no action in Congress

Reading Time: < 1 minute  |  Published: January 2, 2018 in Industry News
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The massive Equifax data breach, which compromised the identities of more than 145 million Americans, prompted a telling response from Congress: It did nothing. Some industry leaders and lawmakers thought September’s revelation of the massive intrusion — which took place months after the credit reporting agency...