Peters Applauds Federal Trade Commission Investigation of Equifax

Peters Called for Investigation into Equifax’s Cybersecurity Practices

– U.S. Senator Gary Peters (MI), a member of the Commerce, Science, and Transportation Committee, released the following statement applauding the Federal Trade Commission’s (FTC) decision to investigate Equifax’s data breach. Peters sent a letter this week urging the FTC to investigate whether Equifax misled consumers and failed to maintain adequate security protocols.

“Equifax’s failure to secure the personal identifying information of millions of Americans was an egregious breach of consumer trust that jeopardizes the economic security of families in Michigan and across the country. I urged the FTC to launch an investigation, and I’m pleased they are taking this issue seriously and examining Equifax’s widespread data breach.

“Consumers who had their credit checked by Equifax in order to buy a car or a home, start a business, or even apply for a job, have now been exposed to scammers, identity thieves and cyber criminals who could exploit and ruin the creditworthiness of millions of hardworking Americans. It is imperative for us to uncover the root cause of this breach and determine the necessary measures to protect consumers and their personal data in the future.”