WATCH: U.S. charges 4 Chinese military members in Equifax breach
The 2017 breach affected roughly 145 million people, with the hackers successfully stealing names, Social Security numbers and other personal information stored in the company's databases.
Equifax to pay up to $700 million in data breach settlement
The settlement was made over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people.
Credit freezes can help prevent identity theft. Are they worth your time?
Freezing your credit report is now free thanks to a new federal law. The service, which aims to prevent identity theft, previously cost upwards of $30 in some states.
WATCH: Senate Commerce Committee holds hearing on protecting consumers from data breaches
The Senate Commerce Committee is holding a hearing Wednesday about ways to protect consumers from major data breaches. Watch live here.
The IRS said it suspended the contract as "a precautionary step" while the agency reviews the company's security systems.
We asked two cybersecurity experts about what we should take away from this week's hearings -- and what's next.
Former Equifax CEO Richard Smith will field questions over the Equifax hack from the House Financial Services Committee starting at 9:15 a.m. ET Thursday. Watch live here.
But the biggest sore point for lawmakers appeared to be Equifax’s new $7.25 million contract with the Internal Revenue Service signed last month. Both sides of the aisle condemned the no-bid contract.
The no-bid contract, first reported by Politico, is for Equifax to provide the IRS with taxpayer and personal identity verification services…
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