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5 data-security ideas from the Equifax hearing

Lawmakers from both parties said its time to enact tougher rules for data security. Here are 5 ideas floated during the Equifax hearing.

By Jenny Surane | Updated on October 04, 2017
Lawmakers from both parties said it’s time to enact tougher rules for data security. Here are 5 ideas floated during the Equifax hearing. (Photo: Getty)

(Bloomberg) – Lawmakers grilled former Equifax Inc. Chief Executive Officer Richard Smith on Tuesday after hackers attacked the company’s systems and got access to sensitive information for 145.5 million Americans.

U.S. companies and government agencies have disclosed 1,022 breaches this year, according to the Identity Theft Resource Center. Lawmakers from both parties said it’s time to enact tougher rules for data security.

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