Cyber Security

As lawmakers get ready to grill Equifax CEO Richard Smith and SEC Chair Jay Clayton on Capitol Hill in the coming weeks, many wonder how the respective executives of each organization will be asked to pay for compromising the sensitive information of American individuals and companies.

Equifax (NYSE:EFX) CEO Richard Smith is set to testify before the Senate Banking Committee during the first week in October and while it’s likely he will get an earful from lawmakers over the massive data breach that impacted 143 million Americans, some experts are skeptical that Republicans will get on board with bills to increase regulations.

As consumers struggle to wrap their heads around the Equifax breach that affected 143 million Americans, the SEC announced Wednesday its electronic filing system was breached and one cybersecurity expert says these incidents are just the tip of the iceberg.

The U.S. Securities and Exchange Commission (SEC), Wall Street’s top market regulator and watchdog, said late Wednesday that one of its systems was breached last year, a situation that a cybersecurity expert warns can impact "trillions of dollars."

The U.S. Securities and Exchange Commission (SEC), Wall Street’s top market regulator and watchdog, said late Wednesday that one of its systems was breached last year, a situation that a cybersecurity expert warns can impact "trillions of dollars."

Businesses paid hundreds of millions of dollars to hackers last year, a new report shows.

Businesses paid hundreds of millions of dollars to hackers last year, a new report shows.

Hackers roamed undetected in Equifax Inc.'s computer network for more than four months before its security team uncovered the massive data breach, the security firm FireEye Inc. said this week in a confidential note sent to some Equifax customers.

Hackers roamed undetected in Equifax Inc.'s computer network for more than four months before its security team uncovered the massive data breach, the security firm FireEye Inc. said this week in a confidential note sent to some Equifax customers.

A Wall Street Journal report says that hackers broker into Equifax's computer systems in March, giving them months to probe vulnerabilities and eventually gain access to the data of 143 million Americans.

A Wall Street Journal report says that hackers broker into Equifax's computer systems in March, giving them months to probe vulnerabilities and eventually gain access to the data of 143 million Americans.