House Democrats are calling for Equifax to extend its promise to give customers free credit monitoring from one year to three years. Ariel Evans, CEO of Innosec, joins Cheddar to discuss what this means for the company and the consumer.
What most people may not know is that a hacker could hold on to stolen information for more than a year before selling it. This is why House Democrats don't think the initial one year of free credit monitoring to all Equifax's customers is enough. They want to ensure that any compromised information won't be subjected to a hack a few years down the line.
Plus, what rights do shareholders have? Evans explains that you can bring a class-action lawsuit against Equifax if you feel like your rights have been violated.
Crab fishermen in Alaska have been scrambling to stay afloat after two years of the Bering Sea fishery being closed or severely curtailed due to plummeting crab numbers. And they're concerned that more of the same awaits this October when officials decide on catch limits for the upcoming season.
Most major car brands admit they may be selling your personal data — though they are vague on the buyers, and half say they would share it with the government or law enforcement without a court order.
Tourism-related businesses have always been at the mercy of the weather. But with heat waves, fires and storms becoming more frequent and intense, small businesses increasingly see extreme weather as their next long-term challenge.
