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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 t...

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. Congr...

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. Congr...

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 Ag...

Guest well, its a great question and be incredibly topical given the wanna cry Ransomware Attack that is really zipping around the world over the last few days. The ftc is a generalized Consumer Protection enforcer and has also taken on the role of protecting consumer Data Security. And in that context, weve actually brought about 60 cases in the last few years involving whether security practices of companies are adequate to protect the consumer data that theyre holding. So weve been very active in crafting an approach to the security of consumer data that includes our start with Security Ini...