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CFPB Action Against Equifax Imminent

PYMNTS

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal data of around 143 million Americans. But legal experts said it is likely to weigh in using powers it wields under the 2010 Dodd-Frank Act.

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Equifax CEO To Explain Leak To Congress

PYMNTS

The company’s shares have fallen more than 30 percent since the hack, which exposed consumer names, Social Security numbers, birthdates, addresses and, in some cases, drivers’ license numbers. The company also reported 209,000 U.S. The Equifax leak – and the company’s response to it – has sparked outrage among U.S.

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