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Equifax CEO To Explain Leak To Congress

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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. According to CNBC , Smith will answer to the Senate Banking Committee on Oct. He is already slated to appear before the U.S.

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CFPB Action Against Equifax Imminent

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In addition, Equifax is being sued by the state of Massachusetts , and is also facing a class-action lawsuit filed on behalf of 28 million small businesses impacted by the breach and another suit just filed by Summit Credit Union. But legal experts said it is likely to weigh in using powers it wields under the 2010 Dodd-Frank Act.

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