Equifax CEO to testify before House panel on hack
Source: Reuters
#TECHNOLOGY NEWS SEPTEMBER 13, 2017 / 4:27 PM / UPDATED 24 MINUTES AGO
Equifax CEO to testify before House panel on hack
Reuters Staff
4 MIN READ
WASHINGTON (Reuters) - A U.S. House panel said Wednesday the chief executive of Equifax will testify about a massive data breach that impacted up to 143 million Americans at an Oct. 3 hearing, as the companys shares fell another 14.6 percent amid pressure on the company to explain its handling of the hack.
The companys shares have fallen more than 30 percent this week amid letters from members of Congress about the hack and requests for answers.
Representative Greg Walden, Republican chairman of the Energy and Commerce Committee, and Republican Representative Bob Latta, said that the companys chief executive, Richard Smith, had agreed to testify.
We look forward to hearing directly from Mr. Smith on this unprecedented breach that has raised serious questions about the security of consumers personal information, the lawmakers said in a statement.
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