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 | 09:36pm CET
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 -2.03% 1051.71 Delayed Quote.-0.16%
EQUIFAX 0.06% 97.18 Delayed Quote.-17.64%
FACEBOOK -0.66% 144.06 Delayed Quote.-18.36%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EQUIFAX
12/15New York AG Settles With Companies Over App Security -- 2nd Update
DJ
12/14New York AG Settles With Companies Over App Security -- Update
DJ
12/14New York AG Settles With Companies Over App Security
DJ
12/13EQUIFAX : Valeyo and Equifax deliver an industry first by integrating automated ..
AQ
12/11EQUIFAX : Receives Utility Patent for Innovative NeuroDecision® Technology
PR
12/10EQUIFAX : Nearly 90 Percent of IT Pros See Gap Between Customer Experience and D..
PR
12/06EQUIFAX : to Meet With Investors in San Francisco, Chicago and Minneapolis
PR
12/05EQUIFAX : Jamil Farshchi of Equifax named 'CISO of the Year' by CIO Dive
PR
12/03EQUIFAX : Joins Global Effort to Advance & Strengthen Cybersecurity
PR
11/28Britain may block Experian-ClearScore credit data merger
RE
More news
Financials ($)
Sales 2018 3 417 M
EBIT 2018 785 M
Net income 2018 382 M
Debt 2018 2 374 M
Yield 2018 1,62%
P/E ratio 2018 29,89
P/E ratio 2019 21,05
EV / Sales 2018 4,12x
EV / Sales 2019 3,92x
Capitalization 11 717 M
Chart EQUIFAX
Duration : Period :
Equifax Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EQUIFAX
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 119 $
Spread / Average Target 23%
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$)
EQUIFAX-17.64%11 717
S&P GLOBAL INC-1.64%41 805
RELX-6.33%40 364
THOMSON REUTERS CORP25.11%25 865
WOLTERS KLUWER22.22%16 807
BROADRIDGE FINANCIAL SOLUTIONS6.68%11 282