U.S. Sen. Mark R. Warner (D-VA), a member of the Banking, Budget and Finance committees and cofounder of the bipartisan Senate Cybersecurity Caucus, today asked the Federal Trade Commission to examine the recent cyber hack of credit reporting agency Equifax. Last week, Equifax publically disclosed a breach which exposed sensitive personal information of 143 million Americans.
Sen. Warner has been a leader in calling for better consumer protections from data theft. In the aftermath of the Target breach that exposed the debit and credit card information of 40 million customers, Sen. Warner in 2014 chaired the first congressional hearing on protecting consumer data from the threat posed by hackers targeting retailers’ online systems. Sen. Warner also partnered with the National Retail Federation to establish an information sharing platform that allows the industry to better protect consumer financial information from data breaches.
The senator has been working to develop bipartisan legislation to create a comprehensive, nationwide and uniform data breach standard requiring timely consumer notification for breaches of financial data and other sensitive information.