Former Equifax CEO testifies before Congress
Richard Smith, the former CEO of Equifax (EFX), testified Tuesday morning before the House Energy and Commerce Committee about the credit reporting firm's massive security breach.
Smith apologized numerous times throughout the hearing for the breach and said it was the result of "human error and technological error."
"The criminal hack happened on my watch... I take full responsibility," he said in opening remarks. "I'm here today to say to each and every person affected by this breach I'm truly and deeply sorry for what happened."
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