U.S. Senator Gary Peters (MI), a member of the Commerce, Science, and Transportation Committee, sent a letter urging the Federal Trade Commission (FTC) to investigate whether Equifax misled consumers with false claims of cybersecurity integrity and failed to maintain adequate security protocols to protect consumer data in light of a breach that exposed the personal information of 143 million Americans.
“Beyond merely compromising the personal data of millions of consumers, the breach poses a significant threat to the economic security of American citizens. The creditworthiness determinations of companies such as Equifax directly affect a consumer’s ability to secure loans, buy a vehicle, find housing, and gain employment,” wrote Senator Peters. “Based on Equifax’s disclosure of this breach and the potential volume of affected consumers, I respectfully urge the FTC to immediately initiate an investigation into whether Equifax failed to establish and maintain a comprehensive information security program to protect consumers’ sensitive personal information.”
The letter follows the September 7th disclosure that Equifax had been breached by hackers potentially compromising the sensitive personal information of 143 million consumers, including social security numbers, home addresses, and driver’s license numbers. According to the FTC’s cybersecurity guidance, companies with personal information must take steps to safeguard their data. The FTC regularly investigates the data security practices of companies that have access to consumers’ sensitive personal information.
The text of the letter is available here.