ENTERTAINMENT
Golden Globes 2018: Complete list of nominees

Jan Schakowsky

Senators slam Equifax for making money off massive data breach and no-bid IRS contract

Senators slam Equifax for making money off massive data breach and no-bid IRS contract

Senators on Wednesday slammed Equifax Inc. for making money off its massive data breach and said Americans should have more control over the vast amount of sensitive personal information that credit reporting companies have about them.

“Equifax and this whole industry should be completely transformed,” Sen. Elizabeth Warren (D-Mass.) told the company’s former chief executive, Richard Smith, at a hearing. “Consumers — not you — should decide who gets access to their own data.”

Warren and other members of the Senate Banking Committee questioned a business model that allows Equifax and the other credit reporting companies to collect consumers’ data and then charge them to monitor...

EDITION: California | U.S. & World
60°