On July 31, just 48 hours after Equifax’s chief executive officer was alerted to what the Atlanta-based credit bureau would soon learn was a breathtaking data breach, it enlisted the help of King & Spalding and the law firm’s data security team, former CEO Richard Smith testified at a hearing Tuesday.

But despite retaining the firm and its data security experts, Equifax waited more than a month before on Sept. 7 notifying the public that hackers had accessed personal and financial information for about 145.5 million consumers, Smith testified Tuesday before the House Subcommittee on Digital Commerce and Consumer ­Protection.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]