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Tag Archives: Equifax

Rep. Blaine Luetkemeyer Introduces New Bill to Mitigate Data Breach Damage

Rep. Blaine Luetkemeyer, R-Mo., has introduced a bill aiming to protect U.S. citizens from the damages of an information breach. The congressman worked with the Financial Services Committee to develop the Consumer Information Notification Requirement Act that would affirm financial institutions' compliance with data security standards, Luetkemeyer said Friday in a release.

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Equifax Acknowledges IT Shortcomings in GAO Audit Report on 2017 Data Breach

Consumer credit reporting agency Equifax has acknowledged that its failure to identify and patch a critical software vulnerability, and correctly configure a crucial security system led, in part, to the massive 2017 data breach that compromised the personal information of millions of Equifax customers, the Government Accountability Office said in a recently-published audit report.

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Bill Would Penalize Credit Reporting Agencies for Consumer Data Breaches

Sens. Elizabeth Warren (D-Massachusetts) and Mark Warner (D-Virginia) have introduced a bill that would penalize credit reporting agencies in the event of a security breach that affects consumer data. The Data Breach Prevention and Compensation Act would give the Federal Trade Commission authority to directly supervise CRAs’ data security measures; impose penalties on CRAs …

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Bill Would Establish National Standard for Cyber Breach Notification

Rep. Jim Langevin (D-Rhode Island) has reintroduced a bill that would standardize industry efforts to notify victims of cyber attacks. A press release posted Monday on Langevin’s website said the Personal Data Notification and Protection Act would give companies 30 days to notify affected individuals following the discovery of a breach of sensitive …

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IRS to Notify Additional 685K Taxpayers of Data Security Threat

The Treasury Department‘s inspector general for tax administration has identified an additional 390,000 taxpayer accounts that were potentially affected by a security breach on the Internal Revenue Service‘s Get Transcript online database last year. TIGTA also found hackers attempted to access the tax return transcripts of another 295,000 people during a …

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OPM Concludes Postal Notifications to Federal Data Theft Victims

The Office of Personnel Management reports it has mailed notification letters to almost 93 percent of federal employees and contractors whose records were compromised in a breach of OPM’s backround investigation database. OPM said Friday it will collect addresses of hack victims whom the agency could not locate through a Defense Department-run online …

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