Equifax Inc.’s former chief executive trekked to Capitol Hill on Tuesday to offer contrition and explanation for the credit reporting company’s massive data breach. “You can’t change your Social Security number and I can’t change my mother’s maiden name,” said Rep. Debbie Dingell (D-Mich.). Some members of Congress do want to strengthen cybersecurity laws in the aftermath of the Equifax data breach and there appears to be growing bipartisan support for action. On Aug. 1, the executives sold thousands of shares of Equifax stock for about $146 a share. The company’s stock sharply declined after Equifax announced the data breach Sept. 7.

Source: Los Angeles Times October 03, 2017 14:22 UTC