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Daily Dashboard | Senate report finds failure to prioritize cybersecurity responsible for Equifax breach Related reading: Notes from the IAPP, May 24, 2019

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A recent staff report from the U.S. Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations found Equifax’s 2017 data breach was a result of a prolonged failure to prioritize cybersecurity and a culture of complacency, Bloomberg Law reports. In a statement, Sen. Tom Carper, D-Del., said, “Both private and public entities should feel a sense of urgency to bolster their cyber defenses, and these findings should finally galvanize Congress, along with the Administration, to formalize best practices for companies across this country and put in place nationwide standards in order to adequately protect consumers.” A hearing on corporate data breaches is scheduled for Thursday and includes scheduled testimony from Equifax CEO Mark Begor. Meanwhile, fast-food chain Sonic is facing a $5 million lawsuit in an attempt to recoup money spent by American Airlines Federal Credit Union in the aftermath of a 2017 data breach.
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