As incoming chair of the Financial Institutions & Insurance Committee, Mullet discusses data breaches and consumer protection (TRT: 49) CLICK TO DOWNLOAD

On Tuesday, the Financial Institutions and Insurance Committee held a work session on the consumer credit reporting data breach and security freeze fees. Senator Mark Mullet of Issaquah is the incoming chair of the Senate Financial Institutions and Insurance Committee.

Senator Mark Mullet, D-Issaquah: (TRT: ) CLICK TO DOWNLOAD: “The recent issue around Equifax and the credit breach has come up because – even though Equifax wasn’t charging to freeze your credit through them, the other two agencies were charging 10 dollars, and I think people felt through no fault of their own, it seemed ridiculous they were having to pay money to freeze their credit when they did nothing wrong. So, I think one of the first issues we’re going to look at is getting rid of that 10 dollar fee. It seems like it’s not helping Washington consumers in any way, shape or form.”

Mullet also believes legislators have a role to try to educate Washington consumers as much as possible about phishing emails and scams.

In Olympia, I’m Nicole Vukonich.