News and Events for Attorneys and Executives

Before the Breach, Equifax Sought to Limit Exposure to Lawsuits

By on September 20, 2017 in Administrative Law, Banking & Finance

Before Equifax discovered a massive computer breach that exposed sensitive information about millions of Americans, the company lobbied Congress on legislation to limit how much it could be forced to pay if sued by consumers, reports The Washington Post.

The company also pressed lawmakers to roll back the powers of its regulators, according to reporters Renae Merle and Hamza Shaban.

“Since at least 2015, the credit reporting agency has repeatedly lobbied lawmakers on issues related to ‘data security and breach notification,’ according to federal disclosure forms,” the Post reports.

Read the Post‘s article.


Join Our LinkedIn Group



Tags: ,