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CFPB Action Against Equifax Imminent

PYMNTS

Its Dodd-Frank mandate gives the CFPB authority to investigate Equifax even without cybersecurity rules,” said Quyen Truong, a partner at law firm Stroock & Stroock & Lavan who was the assistant director and deputy general counsel for the CFPB until early 2016. Last week, U.S.

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Equifax CEO To Explain Leak To Congress

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And New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cybersecurity regulations, as well as require agencies to report their officers or directors who are responsible for compliance with laws and regulations involving financial services, banking and insurance each year.

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