During the Congressional hearings on the Equifax breach, Republicans bandied about the idea of requiring credit reporting businesses, that have exposed consumer information, to pay affected consumers “a couple thousand bucks each [consumer]”
The rational: An incentive to keep business data security up to snuff
The Republican: Congressman Joe Barton (R-TX), a founder of the bipartisan Congressional Privacy Caucus
The Hill | GOP rep pitches fines for hacked credit-monitoring firms