Senators want 'massive' fines for data breaches at Equifax and other credit reporting firms
by Jim Puzzanghera, Los Angeles Times
Jan 10, 2018
2 minutes
Two senators on Wednesday proposed "massive and mandatory" fines for data breaches at Equifax Inc. and other credit reporting companies, starting at $100 for each consumer whose sensitive information is compromised.
The bill from Sens. Elizabeth Warren (D-Mass.) and Mark Warner (D-Va.) would add a $50 fine for each additional piece of compromised personally identifiable information for each consumer. The penalties
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