Equifax urged to extend protections
Democratic lawmakers on a House investigative panel are asking Equifax Inc. to provide its free credit monitoring and identity theft protection for at least three years.
Equifax has offered up to one year of complementary protections after the massive data breach last year that compromised personal information for about 145 million Americans.
But the Democratic members of the House Oversight and Government Reform Committee argue identity thieves often wait much longer to act on stolen information.
The lawmakers said the company’s chief information security officer told committee staff in a briefing last October that data thieves would likely wait a year or more before attempting to sell the data on the black market.
