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CFPB Action Against Equifax Imminent

PYMNTS

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal data of around 143 million Americans. But legal experts said it is likely to weigh in using powers it wields under the 2010 Dodd-Frank Act.

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Equifax CEO To Explain Leak To Congress

PYMNTS

Members of Congress are getting ready to grill Equifax CEO Richard Smith, who is set to testify about his company’s massive data breach that impacted as many as 143 million Americans. Attorney’s office in Atlanta is working with the FBI on a criminal investigation into the breach. He is already slated to appear before the U.S.

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