Latest News
Time for Congress to fix the credit reporting industry
The massive size of the Equifax data breach was stunning, even for the industry “experts” who deal with such issues every day. The fact is that our credit reporting industry is fundamentally defective and will need Congressional action to get if fixed, in order to avoid more episodes of Equifax-like data breaches and the resulting identity theft damage borne by American consumers. This Harvard Business Review article by Marc Rotenbery discusses the problems in the credit reporting industry and what Congress should do next to resolve them. Click here to read more.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.