Equifax CEO Resigns

I am quoted in a Washington Post article about the CEO of Equifax resigning.

“The CEO should be held accountable, and the chief executive officer is also the chief risk officer, and clearly this company took on risk that resulted in its hacking problem,” said David Kass, a professor of finance at the University of Maryland. “I think the market and investors will be pleased with this decision. A new CEO coming in hopefully will be more security-conscious, with major experience in this area.”