Tagged: Equifax

Democratic senators propose fines for next Equifax-type data breach

Two Democratic senators want to make the law tougher on credit reporting agencies that get breached by hackers, like Equifax did in 2017. The bill addresses problems the lawmakers say let credit reporting agencies collect consumer data without doing enough to protect it from hackers. Hackers used a known vulnerability in software running a computer application called Apache Struts to breach the company’s systems, Equifax said. Source: www.cnet.com/news/elizabeth-warren-equifax-mark-warner-credit-reporting-agencies-data-breach-bill-fines/#ftag=CAD590a51e