Hours. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. Chair now recognizes himself for five minutes for an opening statement. Good morning. Today we are here to get the facts to learn what happened at equifax that led to the personal information of over 143 million americans information being stolen. Americans deserve to know what equifax is doing to fix the problem and help individuals that are impacted. We must find out what happened. The public deserves to know what happened and what steps are being taken to protect their Sensitive Data Going Forward. Todays hearing needs to shed muchneeded information and light on this breach. Weve received assurances from equifax that mr. Smith can speak for the company on concrete remediation steps that the company took in the aftermath to secure its Computer Systems and to protect the affected u. S. Customers, as well as what happened when he was chief executive. As chairman of the Digital Commerce
Million people at risk. This was one of four hearings mr. Smith appeared at in which he faced questions on how the breach was first detected and what steps the agency took in response. This house energy and commerce subcommittee hearing is three hours. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. Chair now recognizes himself for five minutes for an opening statement. Good morning. Today we are here to get the facts to learn what happened at equifax that led to the personal information of over 143 million americans information being stolen. Americans deserve to know what equifax is doing to fix the problem and help individuals that are impacted. We must find out what happened. The public deserves to know what happened and what steps are being taken to protect their Sensitive Data Going Forward. Todays hearing needs to shed muchneeded information and light on this breach. Weve received assurances from equifax that mr. Smith can speak for
Good morning we are here to get the facts of what happened. Americans deserve to know what they are doing to fix the problem and help individuals that are impacted. We will find out what happened. Todays hearing needs to shed some much needed information fre received assurances that mr. Smith can speak for the company on concrete steps that he took in the aftermath to secure the Computer System and protect the affected customers as well as what happened when he was chief executive. The chair of the Consumer Protections Agency Speaks about how we are individually connected world. The fact of life can have many positive implications far and wide ranging for commerce, and trade. Massive reminder of bad actors that are out there and the security challenges facing our economy. In this case sensitive personal information that is used to build Credit History and allow individuals to engage by cell phone and secure mortgages as a compromise. Reasonable security measures must be implemented, th
Consolation prize. Mikhail gorbachev, of course, was the last soviet leader. He did win the Nobel Peace Prize in 1990 as his country collapsed and when you win a Nobel Peace Prize you get a medal, you go to a big ceremony in norway, you give a big speech but you also get a big pile of money. And its interesting. That Nobel Peace Prize Mikhail Gorbachev won in 1990 it was worth a little more than a half Million Dollars in todays money and one of the things he decided to do with his Nobel Peace Prize money is he bought some office supplies. He bought some very Early Computers and printers and other Office Equipment and he bought that stuff because he decided he would use his Nobel Peace Prize winnings to set up a new newspaper in russia. And that literally was its name. New newspaper. That paper got off the ground in 1993, independent paper with an investigative bent. Came into its own over the course of the 90s as the Old Soviet Union became the new kleptocratic oligarchrun russia and a
Consolation prize. Mikhail gorbachev, of course, was the last soviet leader. He did win the Nobel Peace Prize in 1990 as his country collapsed and when you win a Nobel Peace Prize you get a medal, you go to a big ceremony in norway, you give a big speech but you also get a big pile of money. And its interesting. That Nobel Peace Prize Mikhail Gorbachev won in 1990 it was worth a little more than a half Million Dollars in todays money and one of the things he decided to do with his Nobel Peace Prize money is he bought some office supplies. He bought some very Early Computers and printers and other Office Equipment and he bought that stuff because he decided he would use his Nobel Peace Prize winnings to set up a new newspaper in russia. And that literally was its name. New newspaper. That paper got off the ground in 1993, independent paper with an investigative bent. Came into its own over the course of the 90s as the Old Soviet Union became the new kleptocratic oligarchrun russia and a