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The CFPB has also put on hold plans to conduct on-site tests to examine how Equifax protects its data, and has rejected requests from regulators at other agencies to help. (AP Photo/Mike Stewart)
Business

New Equifax CEO’s repairs complicated by growing threat to credit bureaus

James Langford -
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Equifax is facing a lawsuit from the state of West Virginia over a 2017 cyberattack that exposed personal data for nearly half the country.
Business

West Virginia accuses Equifax of ‘shocking betrayal’ in cyberattack suit

James Langford -
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Financial data belonging to over 145 million Americans -- including Social Security numbers, driver's license numbers and birthdays -- was stolen from credit-reporting bureau Equifax last year.
Business

Equifax names new CEO as data security woes rattle Congress

James Langford -
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Sen. Elizabeth Warren questions why Equifax did not disclose an investigation into insider-trading claims involving an executive indicted this week when it announced, last fall, that four others had been cleared.
News

Elizabeth Warren grills Equifax on insider-trading allegations

James Langford -
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Equifax said March 1 that an additional 2.4 million Americans were impacted by last year's data breach, however these newly disclosed consumers had significantly less personal information stolen.
Business

Equifax insider-trading claims resurface with federal indictment

Joseph Lawler, James Langford -
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With the risk of attacks like the one on Equifax and the penetration of 3 billion accounts at search-engine Yahoo in 2013, the extent of which wasn't disclosed until four years later, constantly evolving, it's important for corporate boards to make sure they're providing effective oversight in order to fulfill their obligations to shareholders.
Business

SEC’s new cyberattack rules a warning shot to Corporate America

James Langford -
0
Legislation consolidating and elevating existing DHS cybersecurity functions in a new agency has passed the House of Representatives and is a top priority for House Homeland Security Chairman Michael McCaul, R-Texas.
Magazine

Clock is ticking for Congress to move cyber legislation

Charlie Mitchell -
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Business

Congressional backlash at Equifax data breach spares its business model

James Langford -
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The administration has canceled or delayed more than 1,500 regulatory actions planned under former President Barack Obama. About $570 million a year in costs, which comes out to $8.1 billion over a lifetime, has been eliminated as a result, the White House says. (Illustration by Bill Lesniewski)
Business

Trump cuts business free

James Langford -
0
Congress faces an election-year calendar, but data-breach legislation seems likely to get attention starting this winter. Rep. Blaine Luetkemeyer, R-Mo., who chairs a House Financial Services subcommittee, is one congressman who hopes to roll out a breach-notification bill sometime in the first quarter of 2018. (AP Photo/Manuel Balce Ceneta)
News

Cyber legislation is teed up for action in 2018, if Congress can find the time

Charlie Mitchell -
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