Equifax 'making millions' off data breach? Former CEO faces angry senators

The former CEO of Equifax will testify before the Senate Financial Services Committee on Capitol Hill Thursday. ABC News' Ali Rogin has more.
1:49 | 10/05/17

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Transcript for Equifax 'making millions' off data breach? Former CEO faces angry senators
The former CEO of Equifax will be back on Capitol Hill today to testify before the senate financial services committee. Richard Smith has already been grilled by lawmakers of the last two days about the company's massive data breach. ABC's Alley Rogen has the details. The monopoly man protesters sitting behind former Equifax CEO Richard Smith set the tone. This was going to be a tough hearing. Senators demanding answers. Why did the credit monitoring company make money after a massive data breach over the summer. Getting a seven million dollar contract from the IRS to beef up front protection. Senator John Kennedy putting it in pop culture terms you relies to many Americans right now that looks like. We're giving Lansing low on teach to the mini bar. I understand your point. The paradox. More people sign up for protection services after their data gets compromised and companies like Equifax who collect and sell that data get a cut. From 2013. Until today at what facts has disclosed. At least four separate hacks in which a compromise sensitive personal data. In those four years has Equifax is profit. Gonna. Mr. Schmidt. Yes and in federal Elizabeth Warren has a bill that would let consumers turned their credit Dina on an off. You ought to be able to do that for free. Gotta be able to do to any of the credit reporting companies and you ought to be able to do for ever. Moran is focused on helping consumers protect themselves but both Democrats and Republicans. Want the government to pressure companies like Equifax to change the way they do business. Alley wrote an ABC news the capitol.

This transcript has been automatically generated and may not be 100% accurate.

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