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Cybersecurity

The city of Chicago filed a lawsuit against Equifax Thursday in Cook County Circuit Court, seeking restitution for its residents after a massive breach to the credit reporting agency compromised their financial data, reports The Chicago Tribune.

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It would take "substantial" time to determine the full damage of the 2016 cybersecurity breach to the U.S. Securities and Exchange Commission, Chairman Jay Clayton said in testimony to the Senate Banking Committee Tuesday, according to The Hill.

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