We Warn Congress: After Equifax, Firms Will Step Up Trojan Horse Efforts to Eliminate State Privacy Laws

Like clockwork, after any big data breach is disclosed, powerful special interests seek to turn the problem into a bigger problem for consumers by using it as an opportunity to enact some sort of narrow federal legislation that broadly eliminates state data breach notification, state data security and other privacy protections.  I testified yesterday in the House Financial Services Committee (link to full hearing archive and video transcript) warning of their efforts. I warned in particular of their Trojan Horse efforts to hide their broader plans. They don’t simply want to create a “uniform national breach law.” Inside that Trojan […] Read more

Equifax beefs up lobbying efforts following data breach

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Former chairman and CEO of Equifax Richard F. Smith, talks with former Sen. Saxby Chambliss, R-Ga., as he takes his seat to testify before the Digital Commerce and Consumer Protection Subcommittee of the House Commerce Committee on Capitol Hill in Washington, Tuesday, Oct. 3, 2017. AP Photo/Carolyn Kaster)

WASHINGTON —The Atlanta credit bureau Equifax ramped up its spending over the last three months to lobby the federal government and protect its image as it took fire for exposing the personal records of more than 145 million Americans.

Its two main competitors, meanwhile, shifted their resources in order to do the same.

New federal […] Read more

Dallas Efforts to Lure Amazon HQ2 Resemble a Cargo Cult

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Our pursuit of the Amazon HQ2 has direct parallels with Melanesian cargo cults after World War II.

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Obviously we all get why Dallas and other cities are genuflecting before the great god Amazon, devourer of all retail. Every city hopes devoutly that Amazon will deign to make it the home of its second headquarters, which, if you don’t mind my pointing out, is an oxymoron. Companies are like people. They either have only one head or they’re in the circus.

Whatever. I’m like anybody else and would like to see my city win. Just because. If the last brick of […] Read more

Santander US Provides Update On Hurricane Harvey Relief Efforts | 09/05/17

BOSTON, Sept. 5, 2017 /PRNewswire/ — Santander US announced that the Company and its businesses have taken proactive steps to assist customers affected by Hurricane Harvey. Santander US has pledged a total of $100,000 to local charitable organizations assisting with disaster relief, including $75,000 to the Greater Houston Community Foundation Hurricane Harvey Relief Fund, and $25,000 to the American Red Cross. The Company also increased its level of employee matching contributions to non-profit organizations aiding in the relief efforts and activated assistance programs to help affected customers living in disaster zip codes identified by FEMA.

“Our hearts go out to […] Read more