Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Equifax    EFX

EQUIFAX

(EFX)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

U.S. senators asks Google to explain delay in disclosing vulnerability

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/11/2018 | 03:36pm EST
The brand logo of Alphabet Inc's Google is seen outside its office in Beijing

(Reuters) - Three influential Republican U.S. senators on Thursday asked Alphabet Inc Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network.

Google said this week it would shut down the consumer version of Google+ and tighten its data sharing policies after revealing that the private profile data of at least 500,000 users may have been exposed to hundreds of external developers.

The letter from Senator John Thune, who chairs the Commerce Committee, and two other senators who chair subcommittees - Jerry Moran and Roger Wicker - asked Google to explain a reported delay in disclosing the issue.

"Google must be more forthcoming with the public and lawmakers if the company is to maintain or regain the trust of the users of its services," the letter said.

The company did not immediately comment.

The letters asked whether the vulnerability was revealed previously to any federal agencies, including the Federal Trade Commission, and if there were "similar incidents which have not been publicly disclosed?"

Google Chief Executive Sundar Pichai agreed last month to testify before a House of Representatives panel in November after meeting with lawmakers.

Thune said in an interview that the Senate may also call Pichai to testify.

On Wednesday, three Democratic senators wrote the FTC asking them to investigate Google+. In 2012, Google agreed to pay a then-record $22.5 million fine to settle FTC charges it misrepresented to Apple Safari Internet browser users that it would not place tracking "cookies" or serve them targeted ads.

Google acknowledged it had made prior mistakes in privacy issues in written testimony before the Senate Commerce Committee last month but did not disclose the Google+ issue.

The three Republicans said they were "especially disappointed" with the failure of Google's chief privacy officer, Keith Enright, to disclose the issue.

The three Republicans asked Google to turn over a memo, reported by the Wall Street Journal earlier this week, that said that a factor in not disclosing the issue earlier was that it would draw "immediate regulatory interest" and "almost (guarantee)" that Pichai would have to testify before Congress. They called the memo "troubling."

Congress and the Trump administration are looking at ways of creating new national privacy protections. Facebook Inc has acknowledged it failed to protect the data of some 87 million users that was shared with now-defunct political data firm Cambridge Analytica.

Massive breaches of data privacy have compromised the personal information of millions of U.S. internet and social media users. These include notable breaches at large retailers and credit reporting agency Equifax Inc.

(Reporting by David Shepardson; Editing by Dan Grebler and Jonathan Oatis)

By David Shepardson

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET -0.74% 1121.66 Delayed Quote.8.06%
EQUIFAX 0.86% 109.845 Delayed Quote.16.50%
FACEBOOK -1.45% 161.477 Delayed Quote.25.90%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EQUIFAX
02/08EQUIFAX INC : Change in Directors or Principal Officers, Financial Statements an..
AQ
02/04EQUIFAX : to provide free credit report service to consumers impacted by partial..
PR
02/04EQUIFAX : announces senior leadership changes
PR
01/31"FOR LOVE OR MONEY" : Equifax commissioned study finds that neither is a key fac..
PR
01/30EQUIFAX OUTLOOK : Trends to Watch in Data-driven Marketing
PR
01/30EQUIFAX OUTLOOK : Trends to Watch in Data-driven Marketing
PR
01/30EQUIFAX : Sonatype Selected by Equifax to Support Open Source Governance & Secur..
AQ
01/25DEALERS GAIN EFFICIENCY : Equifax helps fuel DealerPolicy's solution that enable..
PR
01/24EQUIFAX : and Jabian Consulting listen to what auto dealers and lenders want for..
PR
01/23EQUIFAX : The Work Number, from Equifax, on display at AFSA and NADA 2019
PR
More news
Financials ($)
Sales 2018 3 417 M
EBIT 2018 810 M
Net income 2018 371 M
Debt 2018 2 269 M
Yield 2018 1,44%
P/E ratio 2018 34,25
P/E ratio 2019 24,67
EV / Sales 2018 4,51x
EV / Sales 2019 4,30x
Capitalization 13 134 M
Chart EQUIFAX
Duration : Period :
Equifax Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EQUIFAX
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 116 $
Spread / Average Target 6,3%
EPS Revisions
Managers
NameTitle
Mark W. Begor Chief Executive Officer & Director
Mark L. Feidler Non-Executive Chairman
Andy S. Bodea Chief Global Operations Officer
John W. Gamble Chief Financial Officer & Vice President
Jamil Farshchi Chief Information Security Officer
Sector and Competitors
1st jan.Capitalization (M$)
EQUIFAX16.50%13 134
S&P GLOBAL INC15.26%49 144
RELX7.76%43 936
THOMSON REUTERS CORP6.17%26 408
WOLTERS KLUWER7.78%17 581
TRANSUNION12.04%11 792