US senator on Equifax hack: 'Somebody needs to go to jail'

US senator on Equifax hack: 'Somebody needs to go to jail'

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/09/13/us-senator-on-equifax-hack-somebody-needs-to-go-to-jail.html

Thirty-six U.S. senators on Tuesday called on federal authorities to investigate the sale of nearly $2 million in shares of credit bureau Equifax by company executives after a massive data breach, and one compared their actions to insider trading.

The lawmakers signed a letter asking the U.S. Department of Justice, the Securities and Exchange Commission and the Federal Trade Commission to look into about $1.8 million in stock sales by three executives between July 29 — the day Equifax said it learned that its systems were hacked in mid-May — and when they made it public last week.