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Transcripts For CNBC Squawk Alley 20171003

Higher multiple was because of cross selling. Made that point many times, quite some time, a higher multiple than the peer group as a result of the benefits of being able to sell in a sense across the product categories across the banks many different divisions. And she showed all the evidence in the form of earnings transcripts, which jim likes, as well meantime, at the same time, weve been hearing from the former ceo of equifax. Our aditi roy has been listening in to that one and has some of the recent developments ch what have we heard we have been sitting in on this hearing its still under way right now with former equifax ceo Richard Smith getting grilled by 23 lawmakers on this house subcommittee heres what weve learned so far. When smith was questioned about why it took the company 40 days to notify the public about the breach, he said initially they didnt understand the scope of the breach, initially it was termed as suspicious activity and they didnt know the scope and breadth

Transcripts For CSPAN3 Former Equifax CEO Testifies Before House Panel 20171003

B. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The 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. Americans information being stolen. 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 some much needed information and light on this breach. We have received ashursurances m equifax that mr. Smith can speak on concrete remediation steps that the company took in the aftermath to secure its Computer Systems and protect the affected u. S. Customers as well as what happened when he was chief executive. As chairman of the Digital Commerce and Consumer Protection subcommittee i often speak about the fact that we live in a digitally connected world. That fact of

Transcripts For CSPAN3 Former Equifax CEO Testifies Before House Panel 20171003

Appearances this week before a congressional committee. And he let off a house commerce subcommittee this morning. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The chair now recognizes himself for five minutes for an Opening Statement. Good morning. Today, were 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. Well 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 some much needed information and light on this breach. We have 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 protect the

Transcripts For CSPAN Former Equifax CEO Testifies Before House Panel 20171004

Included more than 145 Million People read the subcommittee hearing runs about three hours. 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. They deserve to know what happened and what steps you are taking to protect your Sensitive Data Going Forward. Todays here in will shed some much needed information and a light on this freetrade have 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

Transcripts For CSPAN Former Equifax CEO Testifies Before House Panel 20171004

Functions on a daytoday basis. Sunday night. On q a. Today on capitol hill, richard smith, the ceo of equifax gave the first of three Straight Days of hearings to address the data breach that exposed the private information of a hundred 45 Million People. The subcommittee hearing runs about three hours. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The 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. 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 some much needed information and light on this breach. We have received assurances from equifax that mr. Smith can speak on concrete remediation steps that the company

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