Congress slams ex
Richard Smith
Equifax/Youtube Former CEO of Equifax   Richard Smith 
Congress pounced on  Richard Smith   the former CEO of Equifax  just minutes into  his  hearing before the House Energy Committee Tuesday.
Last week   Smith  stepped
down from Equifax  the consumer-data giant targeted in a hack that exposed the personal data of nearly half the US population.  He  was answering questions from a congressional panel on Tuesday.
Committee members have asked about the companyâs failure to fix software vulnerabilities  as well as chief legal officer John Kelley (who is still employed at the company) and his role as head of security  and what  Smith  knew when  he  was first notified of the breach in late July.
âYouâre just required to notify everybody and say  âSo sorry  so sad 'â  he  said. âWe can have this hearing every year from now on if we donât do anything to change the current system.â
âIt would seem to  me  that you might pay a little more attention if you had to pay everybody whose account got hacked a couple thousand bucks or something â he added.
Equifax/Youtube Former CEO of Equifax   Richard Smith 
Congress pounced on  [TGT] the former CEO of Equifax  just minutes into  his  hearing before the House Energy Committee Tuesday.
Last week    [TGT] stepped
down from Equifax  the consumer-data giant targeted in a hack that exposed the personal data of nearly half the US population.   [TGT]   was answering questions from a congressional panel on Tuesday.
Committee members have asked about the companyâs failure to fix software vulnerabilities  as well as chief legal officer John Kelley (who is still employed at the company) and  [TGT]  role as head of security  and what   [TGT]   knew when   [TGT]   was first notified of the breach in late July.
âYouâre just required to notify everybody and say  âSo sorry  so sad 'â  he  said. âWe can have this hearing every year from now on if we donât do anything to change the current system.â
âIt would seem to  me  that you might pay a little more attention if you had to pay everybody whose account got hacked a couple thousand bucks or something â he added.