Cyber Risks · Krebs on Security

Senator Demands More Info From Experian

Summary: Senator Jay Rockefeller, chair of the Senate Committee on Commerce, Science and Transportation, sent a letter to Experian President Donald Robert demanding details on how the credit bureau vets customers and shares consumer data, after reports that Experian sold consumer data to the proprietors of an underground identity theft service. The letter follows Rockefeller's October 2012 inquiry into data brokers including Experian, Equifax, TransUnion and LexisNexis parent Reed Elsevier, and the committee says Experian is among the companies that have refused to fully respond.

Key Takeaway: The data reportedly sold to identity thieves included Social Security numbers and banking information, and the committee says Experian has not fully answered questions about its customer vetting and data-sharing practices.

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Topics
Data Breaches
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