Cybersecurity
‘You Can’t Fix Stupid,’ Lawmaker Tells Equifax’s Former CEO
- Former chief Richard Smith apologizes for massive data breach
- Republican proposes fines based on number of people affected
The Takeaways From the Equifax Data Breach Hearing
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Legislation to avert future data breaches like the one at Equifax Inc. will fall short because none can fully prevent human error, a U.S. congressman told the company’s former top executive.
“You can’t fix stupid,” Representative Greg Walden, an Oregon Republican, said Tuesday at congressional hearings in Washington featuring former CEO Richard Smith, who stepped down from the credit-monitoring company last month.