Join book tv for the miami book fair, live from miamidade ook college on cspan 2. Equifax hters that reported a drop. Recently, lawmakers heard from current and former c. E. O. s to talk about ways they are trying to protect consumers. This hearing is more than two hours. Good morning. Now that our executive session is complete, we turn to the issue of data breach. It is not a new issue to explore. Usedommittee has been folk on this. September 2004 choice point breach what many consider to be the data breach prompted investigations from this committee. For those who dont remember, choice point was a Company Originally created by equifax. N terms of the trajectory of inquiry, we have come full circle. We have paid attention. The committee has entertained to strengthen requirmements and impose requirements to notify their companies. Sadly, we are truly in the era of major data breaches and this is at equifax and yahoo . The equifax is potentially much more severe given the nature of the
Anna a warm welcome to bloomberg daybreak europe. Manus some cracking guests for you. We have j. P. Morgans asia ceo. Opening up in china. Anna we will bring you an interview with the allianz ceo. We will talk about where you want to put your money. Pimco be heart of the story. Some breaking news. This is the hard luxury watchmaker, diamond maker. Period, 974he Million Euros. That is what we have. Sales came in at 5. 61. Couple look at a couple of different stories. They are trying to grab a hold of their grand again. Operating margin, 20. 8 billion. 20. 8 . When it comes to changes, they went through some serious change last year. The abolition of the chief executive officer position plaster, trying to rejuvenate the board. You had the head of watches, he left. He went to breitling. Coo andjerome as emmanuel to be the head of watch this division. This is trying to have a hold of this business, make sure it is fit for purpose going forward. Lets talk about the steel sector. Arcelormitt
Chair good morning, now that our executive session is complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally as fateby equifax who would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notify consumers following discovery of the breach. We are in the air of major data breaches, including equifax and yahoo that we are examining. The yahoo breaches are larger, t
We have the brexit show coming up, brexit negotiations over last week. Beopean stocks seem to pretty steady. There hasnt been that much move over the last five days. Study after yesterday. Concern that of the u. S. Tax reform plan is encountering stumbling blocks. Gains, asng back some theres not so much of a risk. You can see the vix index up 5 . Heres nejra cehic with first word news. Nejra President Trump has arrived in vietnam and delivered a speech. He said that washington will only make trade deals with countries that play by the rules. Not formally will meet with Vladimir Putin. There has been speculation that the president and his russian counterpart what cost talks today. Letident trump will not the United States be taken advantage of anymore. Put americagoing to first, the same way i expect all of you to put your countries first. The u. S. House ways and Means Committee has approved intervention of tax cut plans. Bill costs have been trimmed, while adding limited Liability Co
Included the current and former ceos of equifax, the credit agencies that reported a cyber attack involving as many as 143 million consumers. This is two and a half hours. Chair good morning, now that our executive session is complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally as fateby equifax who would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notif