The National Retail Federation and other industry associations are telling Congress that any new federal law on data breach notification should apply to all industries that handle consumer data, citing the recent breach at the Equifax credit reporting agency. To be sure, Equifax has only about 120 million outstanding shares and a relatively small market capitalization of about $17 billion. "We also are focused on consumer protection and have developed a comprehensive portfolio of services to support all USA consumers, regardless of whether they were impacted by this incident". Class action lawsuits are also a possible avenue for clients (former and active) to try to receive money from the company.
Obviously, however, this is a situation in which there ought to be a law, if there isn't one already.
Dr. Barbara Rembiesa, president and CEO of the International Association of IT Asset Managers: The second major Equifax data breach in four years is a clear indication that "corporate America still does not have proper information technology asset management techniques" in place. "How is that not insider trading?"
The top three Equifax executives sold $1.8 million worth of company stock in the days after they found the breach in what appears to be an attempt to save their assets soon to be lost in lawsuits, according to Bloomberg. The company did not immediately respond to request for comment.
"I can't imagine them doing something like that unless there's a legitimate systemic reason, like they don't want their sites to crash", wrote John Uhlzeimer, a consumer credit expert who worked at Equifax in the 1990s, in an email to NBC News. The company has said it realized it had been hacked in July, several weeks before it disclosed the breach.
"The @CFPB's new rule would stop companies like @Equifax from avoiding legal accountability like this - as long as @GOP doesn't reverse it", tweeted Elizabeth Warren (D-Mass.). But really-Equifax?! Along with TransUnion and Experian Plc, the company's primary mission is to compile, store and disseminate personal information on customers to creditors who want to know if they are making good loans or not. "These material misstatements and/or omissions had the effect of creating in the market an unrealistically positive assessment of the company and its well-being and prospects, thus causing the company's securities to be overvalued and artificially inflated", the complaint asserted. But if Equifax investors can get past early dismissal motions, they can obtain discovery that could help them flesh out allegations that the company knowingly misrepresented the security of its data. Large-scale litigation such as this is par for the course in the aftermath of high-profile data breaches, which can result in settlement payments up to hundreds of millions of dollars.
The federal ban could lead to pressure on state and local governments to ditch Kaspersky products as well. The directive gives agencies 30 days to determine whether they are using any Kaspersky products.
The display of the Watch will serve as the antenna for data communication, you'll still need a smaller electronic SIM though. There is also a W2 chip for Bluetooth and Wifi Connectivity which allows for 85% faster WiFi while being 50% more efficient.
Still, single-payer is gaining traction among Democrats . "I think health care should be a right to all ", said Booker. Sanders, who ran his own presidential primary campaign in 2016, also promised health care reform.
The support for both HDR10 and Dolby Vision is a welcome addition - as this opens up the device to a wider array of movies. Apple executive Eddy Cue said on Tuesday that all major movie studios have signed up to deliver 4K movies through the box.
This is hardly a surprise, there is hardly anything new about Messi playing the match victor role for Barca . When asked if he can be as good as Messi, the 23-year-old said: "The truth is for me, it's a big pleasure".
With all his first-team players fit and available, Wicky is expected to start with his first-choice starting eleven on Tuesday. You sense Romero only played in the Europa League last season because De Gea acquiesced to sitting out of the Europa League.
Beyond her literary work, Hicks also posed for campaigns for Ralph Lauren and Naturalizer shoes, according to Vogue . The White House has struggled to fill the communications director position ever since Trump was elected in November.
Meteorologists caution people not to walk on the dry seabed as it will not be safe to be in the area when the water returns. The storm sucked the ocean dry near Long Island, Bahamas, as it continues to strengthen and touch ground in Florida.
In turn, there was some confusion over whether the site was legitimate and anger over the way it was rolled out. From there, you will be asked to enter your last name and the last six digits of your social security number.
While relief efforts are still underway in Texas, the Oklahoma National Guard is keeping a close eye on Hurricane Irma as well. Officials said Sunday that more than 2,500 Wisconsin Guard troops will go to Florida.
Eden Hazard: Chelsea have squad to win Champions League
He will need to produce the performance of a lifetime to keep out the attacking threats from Qarabag's group opponents. That miss proved costly for Shakespeare's side as, less than two minutes later, Chelsea found the breakthrough.
Eric and Lara Trump Announce Birth of First Child
Donald Trump Jr issued congratulations on Twitter , and joked about "older brother revenge" for Eric buying his kids a drum set. Holidays are sure to be a loud affair in the White House, should they all choose to celebrate something there.
Construction cranes collapse in downtown Miami
A second crane collapse was later reported at a building under construction on Northeast 30th Terrace. Many are questioning why the cranes can't be moved, Miami officials said Tuesday in a tweet .
Stranded manatees rescued in Sarasota before Irma hits
They ended up at a bay on Whitfield Avenue and US 41 in Sarasota where the water had receded leading the local wildlife stranded. The animals were stuck in mud 100 yards away from deep water near Whitfield Avenue in Manatee County.
Mourinho not shaken by draw
So I'm not disappointed with the players, I'm not critical with it, it's just a natural outcome . Watch all four goals from the match in our video above. "A draw was a fair result".
DeShone Kizer scores first NFL TD
The Browns had their first punt of the season blocked for a Steelers touchdown, but the Browns didn't waver and responded well. The second Roethlisberger-to-James touchdown combination of the day gave the Steelers a 21-10 lead over the Browns.