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CSPAN3 Former Equifax CEO Testifies Before Senate Banking Panel October 4, 2017

This committee will come to order. This morning we will hear testimony from Richard Smith, former chairman and chief executive officer of equifax who held those positions until last week. I understand that you are now serving as an unpaid adviser to the company and appreciate your willingness to testify here and appear about the events surrounding the breach and equifaxs response while you were leading the company. Given the severity of the data breach, congress will continue to examine the facts behind it and what can be done to prevent similar situations. Sign r security is one of the most pressing issues facing companies as well as consumers and governments alike. And is one of the biggest threats to our financial system. The amount of data that the private industry and government collect and store is very concerning. Theres intrinsic vulnerability in collecting information and we e need to have a meaningful discussion on how to ....

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CSPAN2 Former Equifax CEO Testifies Before Senate Banking Panel October 5, 2017

Speefive. The committee will come to order it as we hear testimony from a the ceo from equifax that held those positions until last week i understand you are now an unpaid advisor to the company that we appreciate your willingness to testify here about the events surrounding the breach and equifax response what you were leading the company. Given the severity congress will continue to examine the facts and what can be done to prevent similar situations cyber securities one of the most pressing issues facing Companies Consumers and governments alike is one of the biggest threats to the Financial System the amount of data us the industry collective stores very concerning intrinsic vulnerability collecting and storing personal information when you have the Banking Committee takes the oversight seriously and
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CSPAN2 Former Equifax CEO Testifies Before Senate Banking Panel October 5, 2017

Company that we appreciate your willingness to testify here about the events surrounding the breach and equifax response what you were leading the company. Given the severity congress will continue to examine the facts and what can be done to prevent similar situations cyber securities one of the most pressing issues facing Companies Consumers and governments alike is one of the biggest threats to the Financial System the amount of data us the industry collective stores very concerning intrinsic vulnerability collecting and storing personal information when you have the Banking Committee takes the oversight seriously and Financial Institutions Credit Bureau serves the critical function to be a ....

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CSPAN3 Former Equifax CEO Before House Financial Panel October 5, 2017

Committee will come to order. A recess at the committee of any time and all will have five days for inclusion in the record. Entitled examining the equifax data breach. On september 7th equifax announced a Cyber Security incident. It effected 145 million u. S. Consumers, nearly half of all americans. In other words if your hearing my voice youre either the victim or you know someone who is. Thats how massive this brief was. Criminals got basically everything they need to steal your identity, open credit card accounts in your name it may with b the most harmful the world has ever seen the companys response has left much to be desired. For weeks equifax about whether people were victims of the breach or not. And beyond brief they sold their equifax before the company disclosed the breach. I trust the Justice Department will get to the bottom of this. Clearly action by the f ....

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CSPAN3 Former Equifax CEO Before House Financial Panel - Part 1 October 5, 2017

In the world. Im convinced that the story helped me get the job at the post. American history tv all weekend every weekend only on former equifax ceo, richard smith, testified today before the House Financial Services committee. Its the fourth time hes been before lawmakers this week. Theyre looking into the equifax data breach, which exposed private information from nearly 146 Million People. All four hearings are available in our Video Library at cspan. Org. [ banging gavel ] the committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time, and all members will have five legislative days within which to submit extraneous material to the chair for inclusion in the record. The hearing is entitled examining the equifax data breach. I now recognize mysel ....

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