Richard Smith, the CEO of Equifax has been invited to testify before the House Energy and Commerce Committee, on October 3rd. The House Financial Services Committee Chairman too proposes to have a hearing with Equifax CEO Richard Smith. A coalition of different associations representing over a million businesses in industries that directly serve American consumers has written in detail to the members of the US Congress about the need for protecting customers and ensuring effective public policy. The letter also outlines four key principles that the associations support in federal data security and breach notification legislation. These includeEstablishing a uniform nationwide law and promoting reasonable data security standards.”]
Source: https://hackercombat.com/retailers-emphasize-on-four-data-security-principles/