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FEDERALhearing transcript

High Impact

Senate Hearing on Major Data Breaches (2017)

Original title: PROTECTING CONSUMERS IN THE ERA OF MAJOR DATA BREACHES

January 1, 2019

data privacy cybersecurity consumer protection data breaches corporate accountability

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The Frame

What this does

The hearing established the congressional record regarding the security failures of major data-holding corporations, which informs federal policy on how companies must protect consumer information and report breaches.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Consumers

Consumers are the individuals whose personal data was compromised in the breaches discussed.

Equifax and Yahoo

These companies were the subjects of the investigation regarding their data security protocols.

What changed

Last recorded activity January 1, 2019.

What's next

Next step not available in the current record.

Summary

This document is the official transcript of a 2017 Senate Commerce Committee hearing regarding major es at Equifax and Yahoo. Executives from these companies and industry experts testified before Congress to discuss consumer data security and corporate responsibility.

Key Facts

The Senate Committee on Commerce, Science, and Transportation held a hearing on November 8, 2017, to investigate major data breaches.
The hearing focused on the security practices of Equifax and Yahoo following significant unauthorized access to consumer data.
Witnesses included the interim CEO and former CEO of Equifax, the former CEO of Yahoo, and representatives from Verizon and Entrust Datacard.
The record includes written responses to follow-up questions submitted by committee members to the witnesses.
The appendix contains correspondence from industry groups including the National Association of Federally-Insured Credit Unions and the National Retail Foundation regarding data security.

Frequently Asked Questions

What was the purpose of this hearing?

The hearing was held to examine the circumstances surrounding major es at Equifax and Yahoo and to discuss how to better protect consumer data.

Who testified at the hearing?

Witnesses included executives from Equifax (Paulino do Rego Barros, Jr. and Richard Smith), Yahoo (Marissa Mayer), Verizon (Karen Zacharia), and Entrust Datacard (Todd Wilkinson).

Why It Matters

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Corporate Accountability

The hearing marks a shift toward increased congressional scrutiny of how private corporations manage and protect consumer data.

Equifax, Inc.Yahoo!, Inc.

Connected Entities

personBill Nelson“Ranking Member of the Senate Committee on Commerce, Science, and Transportation”Map →

personJohn Thune“Chairman of the Senate Committee on Commerce, Science, and Transportation”Map →

organizationYahoo!, Inc.“Company involved in a major data breach discussed during the hearing”Map →

personRichard Smith“Former CEO of Equifax”Map →

personMarissa Mayer“Former CEO of Yahoo!”Map →

organizationEquifax, Inc.“Company involved in a major data breach discussed during the hearing”Map →

personPaulino do Rego Barros, Jr.“Interim CEO of Equifax at the time of the hearing”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance85
How much this matters to a regular citizen
Controversy60
Intensity of disagreement among stakeholders
Entertainment40
Compellingness for a non-policy-wonk reader
Buzz20
Current news / social attention level

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