The Street: Robert Herjavec Predicts New Legislation in Response to the Equifax Hack

By October 3, 2017 In the News

Shark Tank’s Robert Herjavec made his fortune in cybersecurity. We sat down with him at an event celebrating his new streaming series “Small Business Revolution.” We discussed the Equifax (EFX – Get Report) data breach that exposed the personal information of 143 million Americans.

Herjavec mentioned past cyber attacks including Sony (SNY – Get Report) and Target (TGT – Get Report)  saying they might just be the tip of the iceberg. He says the Equifax is different because it affected half of the consumers in the U.S. 

Herjavec predicts new legislation is coming that will open top executives up to being held criminally negligent when leaks like this occur and they do not have proper cybersecurity.

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