Equifax CEO to testify before House panel on hack

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Equifax CEO to testify before House panel on hackA U.S. House panel said Wednesday the chief executive of Equifax will testify about a massive data breach that impacted up to 143 million Americans at an Oct. 3 hearing, as the company’s shares fell another 14.6 percent amid pressure on the company to explain its handling of the hack. The company’s shares have fallen more than 30 percent this week amid letters from members of Congress about the hack and requests for answers. Representative Greg Walden, Republican chairman of the Energy and Commerce Committee, and Republican Representative Bob Latta, said that the company’s chief executive, Richard Smith, had agreed to testify.

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