Data Broker Breaches Fueled Nearly $21 Billion in Identity-Theft Losses
Congressional Democrats on the Joint Economic Committee say they’ve identified more than $20.9 billion in consumer losses tied to identity theft connected to four major breaches involving data broker firms. The estimate was released Friday in a minority report stemming from a months-long inquiry into data broker practices launched by United States senator Maggie Hassan.Hassan, a New Hampshire Democrat and the JEC’s ranking member, sent investigative requests to five major data brokers—Comscore, ...
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