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Friday, September 15, 2017

Warren seeks answers from Equifax, introduces bill giving consumers more control over financial data

http://www.marketwatch.com/story/warren-seeks-answers-from-equifax-introduces-bill-giving-consumers-more-control-over-financial-data-2017-09-15

Sen. Elizabeth Warren is launching an investigation into the causes of Equifax Inc.’s massive data breach, along with a new bill that would give consumers more control over their credit data.
In a letter to Equifax EFX, -1.70%  , the Massachusetts Democrat said Friday the company “has failed to provide the necessary information describing exactly how this happened, and exactly how [its] security systems failed,” adding that initial customer service information “did nothing to clarify the situation and actually appeared to be efforts to hoodwink [consumers] into waiving important legal rights.”

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