Lawmakers Call Ex-Equifax CEO’s Testimony Insufficient

Law360, New York (October 5, 2017, 6:17 PM EDT) -- House lawmakers on Thursday sharply questioned the former chairman and chief executive of Equifax Inc. over a massive data breach that left more than 145 million Americans' personal information exposed, raising questions about why he had appeared to testify as opposed to current executives.

Appearing in his fourth congressional hearing over a three-day span, former Equifax Chairman and CEO Richard Smith faced a flurry of questions over the details of the breach, including over curious stock trades by top company executives just before the breach was made public, Equifax’s cybersecurity protocols, and its shoddy response to the breach.

While Smith provided the...

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