In Unusual Disclosure, FTC Confirms Investigation of Equifax's Data Breach

The U.S. Federal Trade Commission said it was investigating Equifax Inc.’s massive data breach, a rare public confirmation, as a top Democrat suggested the credit-monitoring company’s corporate leaders might need to resign. Senate Democratic Leader Chuck Schumer also compared Equifax to Enron, a U.S. energy company that was consumed in scandal after revealing in 2001 that it engaged in widespread accounting fraud.