This column is dedicated to new Nobel Prize-winning economist Richard Thaler and his “deviant thoughts”. Here’s mine for today: Not everything that is good for consumers is good. Facebook and the election? Uber kicked out of London? Google getting an entire staff at a think tank fired? Continuously-shrinking airplane seats? [Keep reading]
Why do these hacks seem never ending? Why don’t more firms require two-factor authentication? What is the latest on the Equifax hack? While I was in Washington D.C. for the hearings on Equifax, Adam Levin and I appeared in-studio at WTOP to talk with host Dimitri Sotis. Meanwhile, here’s more [Keep reading]
I’m as tired of “hold my beer” jokes as you are, but this news seems to beg for one. While Equifax CEO Richard Smith was saying very little about his former firm’s massive hack during a three-hour hearing before Congress yesterday, Yahoo (now, called Oath, and part of Verizon) quietly [Keep reading]
Former Equifax CEO Richard Smith answered questions for three hours before Congress on Tuesday, but offered little new information for consumers concerned about perhaps the most important hack of personal information in America’s history. Smith took questions about the failure to install a security update that would have stopped the [Keep reading]
WASHINGTON, D.C. — Former Equifax CEO Richard Smith, in a witness statement released prior to scheduled Congressional testimony on Tuesday, apologized to consumers for the recent hack that exposed up to 143 million consumers to identity crimes, calling the incident “our worst fears…come true.” “We at Equifax clearly understood that [Keep reading]
Bob Sullivan