Equifax Says It Will Hand Over NY Data Breach Info
A spokeswoman for Atlanta-based credit reporting agency Equifax said the company would comply with a demand by Secretary of State Rossana Rosado for information on a July data breach that was made public in September. The demand was made under emergency regulations issued by New York state in December.
January 05, 2018 at 04:40 PM
3 minute read
Credit reporting company Equifax said Friday that it will comply with New York regulators who are seeking information on the 2017 data breach that compromised personal information of 145.5 million Americans, including more than 8 million New Yorkers.
A spokeswoman for Atlanta-based Equifax said the company would submit information demanded by Secretary of State Rossana Rosado late last month requesting information on a July data breach that was made public in September. The breach included individuals' names, Social Security numbers, birthdates, addresses and driver's license numbers.
On Dec. 27, Rosado wrote to Equifax's interim Chief Executive Officer Paulino do Rego Barros Jr. requesting New York-specific data about consumers whose credit-card information or personally identifying information was exposed, and the number of children under the age of 16 who were affected by the breach. Rosado demanded the information in connection with an executive order issued by Gov. Andrew Cuomo on Dec. 12.
“We do intend to work with the New York Department of State to respond to their letter within the requested timeframe,” said spokeswoman Ines Gutzmer in an email to the New York Law Journal.
Response to the letter is required within 10 business days from when it was sent, Rosado wrote, meaning that a response could be due as early as Saturday if a hard copy of the letter was received on the 27th. The letter also requests a “detailed description of Equifax's core consumers or commercial credit reporting databases and how they differ from the databases that were exposed in the July 29, 2017, breach.”
Rosado is additionally requesting a summary of Equifax's plan to make the roughly 8.4 million New Yorkers “whole in the wake of the breach,” as well as a list of federal law enforcement agencies engaged in investigating the breach.
The information the Department of State is requesting from Equifax will assist the department's Division of Consumer Protection in its “ongoing efforts to investigate, mediate and/or mitigate identity theft complaints from consumers,” the letter says. The state department demanded the information in connection with emergency regulations issued by the department on Dec. 12 at the direction of the governor.
The state department probe is just one of several New York is conducting over the breach. Attorney General Eric Schneiderman's office opened up an investigation into Equifax in September. The state's Department of Financial Services, which regulates the banking insurance and other financial institutions, is also investigating the Equifax breach.
Following the Equifax breach, Cuomo proposed new, emergency regulations that would subject consumer credit reporting agencies to the same groundbreaking cybersecurity rules that the state recently enacted for bank and insurance companies. Under the proposed rules, credit reporting agencies such as Equifax, TransUnion and Experian will have to register with the Department of Financial Services beginning in February and every year thereafter. Credit reporting agencies, under Cuomo's regulations, will have to have state-approved cybersecurity plans.
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