Sending Office: Honorable J. Luis Correa
The recent cybersecurity breach at Equifax, one of three major American credit-reporting companies in the United States, exposed the personal
and financial information of up to 143 million Americans.
According to news reports, the cyber breach gave hackers access to highly sensitive personal and financial information, including Social
Security numbers, birth dates, home addresses, driver’s licenses, credit card numbers, and credit dispute claims. If you have a loan such as a mortgage, it is possible that your personal information was compromised.
The breach occurred in May 2017. The agency became aware of the breach on July 29, 2017, but did not report it to
the public for 40 days. The delay in disclosing the breach is concerning because almost half of all Americans’ sensitive information could be in the hands of cyber criminals, who are willing and ready to use that information for identity fraud and other
Cyber breaches like this present a risk to people’s personal financial welfare and to national security because foreign governments could
obtain the information. It is imperative that breaches are reported in a timely manner for the affected stakeholders to begin to take the appropriate steps to protect their identities and financial information. That is why I intend to introduce the Cyber Breach
Notification Act, which would require both private and public sectors to disclose cyber breaches to the public and notify affected stakeholders as soon as possible.
I urge you to become an original cosponsor of the Cyber Breach Notification Act. For more information or to cosponsor the Cyber Breach Notification
Act, please contact Alejandro Renteria at Alejandro.Renteria@mail.house.gov.
J. Luis Correa
e-Dear Colleague version 2.0