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You’ve got questions for Equifax? I’m demanding answers.

Last week, Equifax announced that the personal information of 143 million Americans was accessed by cyber criminals – including their Social Security numbers, home addresses, birth dates, credit cards, and driver’s license numbers.

That’s the kind of information that identity thieves can use to take out loans, open bank accounts, and use to apply for jobs. This massive security breach affects nearly half of all American adults.

The company announced the hack last Thursday – a full six weeks after they first detected it. In the days after Equifax discovered the breach, three top executives quickly sold shares of their stock.

Obviously, there’s more to this story. I’m sure your mind is racing with questions. That’s why I’m demanding answers as a member of the Senate Finance Committee with a long history of advocating for consumer privacy:

Did Equifax know their system was vulnerable and how was it being monitored?

When did top Equifax executives know information had been breached?

Is Equifax trying to weasel out of being held accountable by forcing single citizens to go up against their large, powerful corporation? That’s forced arbitration – and that’s like having to agree to not sue the arsonist if you want the fire department to come.

And finally, how can we protect consumers from data breaches like this in the future?

One answer to this massive problem is that we need to defend the Consumer Financial Protection Bureau’s ability to protect consumers from forced arbitration.

I’ve already sent a letter to the CEO of Equifax demanding answers for consumers. Let’s put on the pressure.

Share this post on Facebook and join me in demand accountability from Equifax!

Posted on September 12, 2017.

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Meet Ron Wyden

Ron Wyden, Jeff Merkley and Elizabeth WarrenRon Wyden is a champion for our progressive values -- standing up for consumers and the middle class, fighting for digital privacy and an open internet, protecting our planet and Oregon's special places, and always insisting on human rights and equality for all.

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