Now come to order. Without objection members of the full committee got on this task force are operas to participate. Members are reminded to keep their video function on at all times even when they are not denies by the chair. Members are also reminded that they are responsible for meeting and unmating themselves and to meet themselves after they are finished speaking. Each rose 965 only use members and witnesses is appropriate when not recognized to avoid in an ardent background noises. Members are reminded that all house rules related to order applies to this remote area. Exposure notification and Contact Tracing how ai helps localities reopened safely and researchers and i will now recognize myself for four minutes to give an opening statement. Good morning to todays hearing will focus on the essential tradeoff of the covid19 pandemic is forcing upon us between life liberty privacy and the pursuit of happiness. The role but technology to financial transaction data and Artificial Int
And they believe they can do the same. Earn unlimited 1. 5 cash back on every purchase with the chase ink business unlimited card. Make more of whats yours. Morning. Thanks so much for joining us this morning. I am maria bartiromo. I hope you are having a good tuesday morning. It istude march 12, 8 00 a. M. On east hot topic of the hour former special counsel robert hur testifying in front of the House Judiciary Committee day reigniting questions about president ial biden pogs mental acuity in face of classified document scandal fox business Hillary Vaughn live on compile with more good morning. Good morning, maria. Well robert hur special counsel report under a microscope as republicans are hoping to dig up more details about the president s mental state and willful retention of classified information. His you know position on biden mental state is, obviously, front and center. We got a lot of questions which documentaries mishandled the focus of our questions. Hur resigned as special
This hearing on the Judiciary Committee subcommittee on privacy, technology, and the law will come to order. We are here to address Cyber Security concerns in the data broker industry. This is not the first time our subcommittee has gathered to do so, after several Security Breach last august we held a hearing to ask the question of how secure is consumers data in the hands of data brokers . The answer, not very secure. Industrybroker immediately responded by committing to take seriously Security Issues and pledging to dedicate resources to Data Protection measures. Yet here we are two years later in the wake of what we now know is the largest breach ever of private consumer data. We are trying to figure out how it happened once again. It happened because data brokers have created an industrywide culture that appears not to prioritize the security of consumers information. Traditional data brokers, those who make a profit from buying and selling data to other companies, have very littl
It was mr. Smiths third such questioning in a weeks time. And most of the subcommittees inquiries focused on the speed of the Credit Reporting agencys response to the knowledge its data servicers had been infiltrated by nefarious forces. This is about an hour and 40 minutes. Jo this hearing of the subcommittee on privacy, technology, and law, will come to order. Were here to examine per sis sent cybersecurity concerns in the data broker industry. This is not the first time our subcommittee has gathered to do so after a cybersecurity breach last august, we held a hearing to ask the question how secure is consumers data in the hands of data brokers. The answer, not very secure. The industry immediately responded by committing to take serious Security Issues and pledging to dedicate resources toward Data Protection measures. Yet here we are two years later in the wake of what we now know as the largest breach of private consumer data. Were trying to figure out how it happened once again.
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 created by equifax who as fate 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 we are in the era of major data breaches, including equifax and yahoo that we are examining. The yahoo breaches are larger, Equifax Breach