If there’s any time to urge Congress to do more to protect our personal information, it’s now.
- Capital One just announced that a hacker got her hands on the personal information of 106 million customers. That includes credit scores, bank account numbers and 140,000 Social Security Numbers. One watchdog called it the worst bank hack ever.
- That news came only a week after the Federal Trade Commission announced a $700 million settlement of the Equifax data breach of 2017, which affected 147 million Americans. $700 million is less than a quarter’s worth of the company’s 2017 revenue. These penalties aren’t sufficient to force corporations to improve.
These days experts recommend you should just assume that scammers already have your data. Enough is enough!
Rave reviews for CUB study
CUB’s new study suggests low-income electric customers may be paying more than their fair share. Consumer advocates and energy observers are praising the analysis: “Every state deserves a group this good,” tweeted one fan from Brooklyn, N.Y.