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Equifax breach may have exposed more data than first thought
The 2017 Equifax data breach was already extremely serious by itself, but there are hints it was somehow worse. CNN has learned that Equifax told the US Senate Banking Committee that more data may have been exposed than initially determined. The hack may have compromised more driver's license info, such as the issuing data and host state, as well as tax IDs. In theory, it would be that much easier for intruders to commit fraud.
US regulators are trying to figure out what to do with cryptocurrency
Both chairman of the Securities and Exchange Commission (SEC) and chairman Christopher Giancarlo of the Commodity Futures Trading Commission (CFTC) will warn Congress tomorrow about how risky cryptocurrencies are for investors and the financial system as a whole. According to prepared testimony published today, they will advocate for reviewing the smattering of rules guiding cryptocurrency exchanges, and potentially replacing them with federal regulation. Ultimately, they want to safeguard everyone without stifling innovation.
