ID Theft/Data Security

CFA, Public Interest Groups Call on Senate to Secure Consumer Data and Reform Credit Bureaus

In advance of House and Senate hearings into the massive and unprecedented breach of personal information held by Equifax, including Social Security Numbers and dates of birth for 143 million consumers, CFA and other public interest groups wrote to members of the US Senate to express grave concerns over the company’s slow response to the breach, and then its shifting, maddening, and ultimately inadequate response to consumers. The groups offered several recommendations for what Congress should and should not do in response.

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