and also equifax's hard-earned intellectual property. was one of the largest data breaches in history. summer to light in the of 2017 when equifax announced the theft. scale of the theft was staggering. as alleged in the indictment, hackers obtained the names, birth dates, and social security of nearly 150 million mericans, and the drivers' licenses of approximately 10 -- of at least 10 million americans. theft not only caused significant financial damage to equifax, but invaded the privacy of many millions americans and and substantial costs burdens on them as they had to take measures to protect identity theft. as described in the indictment, equifax'ss broke into network through a vulnerability in the company's dispute system.on once in the network, the hackers pent weeks conducting reconnaissance, uploading malicious software, and stealing credentials. all to set up the stage to steal data from s of equifax's systems. while doing this, the hackers equifax's trade ecrets, embodied by the compiled data and complex database designs used

about the actual attackers themselves ok and on that so we know what equifax is doing with all this data what the hikers want to achieve well i mean a start aside from the you know stealing trade secrets and an intellectual property u.s. attorney general william bar so that the aim of the hackers was something quite a bit more mysterious so let's take a listen to him. this data has economic value and these can feed china's development of artificial intelligence tools as well as the creation of intelligence targeting packages. yes so a on i is seems to be the reason that now apparently after several big attacks the u.s. suspects that china wants to kind of build a picture of u.s. intelligence networks the people who work for them the people who are associated with them so for example with the equifax data it could be that china wants to target certain members of the public who might be vulnerable to blackmail or bribery ok so potentially from a huge amount of cases there what is the u.s. actually hoping to achieve with this investigation well i mean it's clear that they can't just go

equifax is a credit rating agency a credit history agency so if you want to take out. alone with your bank the new bank might contact them to see if your credit worthy now at the time and 2017 u.s. authorities were of course outraged at this and the c.e.o. richard smith was forced to resign and those u.s. authorities find equifax $700000000.00 a huge amount of course but the announcement today was much more about the actual attackers themselves ok and on that so we know what equifax is doing with all this data what do the hackers want to achieve well i mean a start aside from you know stealing trade secrets and an intellectual property u.s. attorney general william bah so that the aim of the hackers was something quite a bit more mysterious so let's take a listen to him. this data has economic value and these pfaff's can feed china's development of artificial intelligence tools as well as the creation of intelligence targeting packages you know so a seems to be the reason that now apparently after several big attacks the u.s. suspects that china wants to kind of build

how much responsibility are you taking at equifax? >> well, sara, you know we took quite a bit of respond earlier, last summer we announced the largest consumer fund ever related to data security also had settlements with the tornadoes general from across the united states, the ftc and cfb. most importantly we spent the last two years the largest investment in our history, $1.25 billion investment in our technology and security, with you goal of versus the industrial-leading security. we know the data we manage and possess is extremely sensitive that's why we're taking it so seriously. we're about two thirds of the way through that believe is going to give us the best security in the industry. >> what do you think about the fact, mark, that members of the chinese military, official government agent, four guys, were able to break in and steal effectively the information on, what, half the adult community of the united states of america? how does that happen >> yeah, well, it's -- there's hackers out there, i think you know the justice

acusan a chinos de hackeo, estados unidos presenta cargos contra 4 militares chinos por el ataque a equifax, los acusan de robar los datos personales de unos 145 millones de estadounidenses. les matan la inocencia, decenas de niÑos que toman las armas en guerrero mÉxico para defenderse de los grupos criminales, le mostramos cÓmo entrenan y por quÉ llevan una escopeta en lugar de un lÁpiz o un cuaderno. >> tributo a kobe. vanessa bryant pÚblica un video de su esposo y su hija gianna, asegura que aÚn no consigue superar sus muertes, en los Ángeles hay lista de espera para ser tatuado con la imagen de la leyenda de la nba. (mÚsica) dÍaz balart. >> nada, nada parece detener el avance del coronavirus, el nÚmero de muertos en china ya ronda el millar, mientras en las costas de japÓn, suben los contagiados por el virus en un crucero de lujo en cuarentena hace mÁs de una semana. >> cristina londoÑo hablÓ con algunos de los pasajeros. >> (mÚsica) . >> parecen imÁgenes de pelÍcula, personas con trajes anticontagio fumigan provincias enteras y las grandes ciudades chinas virtualmente

authorities tracking the hack on equifax. back to the chinese military four members of an elite hacking squad charged. what you need to know to protect yourself. >>> also, tonight police under fire. officers injured in a shoot-out inside a walmart and in new york, the suspect accused of ambushing officers at two locations facing a judge. the emotional moment as one officer leaves the hospital what officials say may be the motive. >> the deadliest day yet on the coronavirus outbreak nearly 100 dead in 24 hours. trucks and health workers spraying disinfectant on entire blocks in china. >>> and the cruise ship quarantine nightmare. the number of cases doubling including americans. >>> the polls opening just hours from no in new hampshire candidates stepping up attacks. a trailing joe biden unveiling his game plan and shaking things up, president trump with a rally of his own. >>> the new questions in the assassination of malcolm x the new documentary and why the 55-year-old case could be reopened. >>> and kobe bryant's widow ope

now federal authorities have charged four members of china's military with hacking equifax in 2017 nbc's tom costello tells us how they allegedly did it. >> reporter: the scale of the equifax hack was staggering. 145 million americans' names, birth dates and social security numbers stolen in some cases driver's license and credit card information, too. the attorney general said forensics teams had traced the hack back to china announcing indictments against four members of a chinese military cyber unit called the 54th research institute. though the fbi concedes it's unlikely they'll ever face prosecution. >> this theft not only caused significant financial damage to equifax, but invaded the privacy of many millions of americans. >> reporter: it happened in 2017 after equifax failed to patch a security flaw the government had warned about prosecutors say the chinese team hid their tracks by using 34 servers in nearly 20 countries the fbi believes china also hacked marriott, u.s. government personnel office, and insurance giant anthem as it builds a massive database on every american equif

we know the equifax data was stolen. 0ne know the equifax data was stolen. one of the reasons why the government charged these four members today and charged a few years ago in a very rare set of charges is that it sends a message to beijing that this is not acceptable behaviour, that the government recognises what is going on and it needs to stop. also keep in mind this happened a few years after the 0bama administration entered to deal with cheating president xi, soin deal with cheating president xi, so in some ways china is following the letter of the treaty, but in spirit officials say they are still violating it because for them, intelligence activity and economic moat are one of the same in beijing. it is regarded as the same thing, and both very important in order to create chinese dominance around the world. to be evenhanded, it's quite likely the us and other international intelligence agencies are doing the same thing in reverse, isn't it? yes, and that was alluded to in the press conference today. certainly all countries are engaged in espionage a

. >> how four men took down equifax and stole the personal information of nearly half of all american citizens. maybe you. >>> plus downloading your oscar favorites. there is a new warning about why you should hesitate. >>> and the bay area celebrates after history is >>> this theft not only caused significant financial damage to equifax, but invaded the privacy of many millions of americans. >> the department of justice has charged four members of the chinese military with this massive equifax data breach of 2017. >> it compromised the personal information of 145 million americans. >> 7 on your side's michael finney is here with that. that is just a staggering number. >> it is a staggering number. it's amazing. authorities say these men exploited a software vulnerability and used 34 servers in 20 countries to gain access to equifax's computers. "the new york times" says the indictments suggests the breach was part of a series of thefts by china to target american officials. hackers stole names, birth dates, and social security numbers of nearly half of all americans. data that could

the attack on equifax was an attack on us consumers as well as united states cybercrime is one of the greatest threats facing our nation today. and it is an ongoing battle that every company will continue to face as attackers grow more sophisticateequifax disclosed the hack in september of 2017 but had discovered the breach 3 months earlier. the data breach and how the company handled it prably the resignation of ceo richard smith, and a number of civil lawsuits. equifax says is spending over a billion llars to enhance security and technology to protect consumer data. i'm darryl forges reporting. keep your personal info protected can start at home to protect your computer. the fbi says keep your fire wall turned on. >>install or update anti-virus software, an anti spyware technology end turn your computer off when yo're not using it. >>next at 5.30 valentine's day is just a few days awaybut a lot of americans are already spending cash on their loved ones ho much millennials alone are projected to shell out. >>and has faci recognition gone too far we will take a look at why new startup

department of justice has charged for chinese military hackers over the $27000.00 cyber attack at equifax credit reporting agency it resulted in a data breach in which affected nearly 150000000 people the hackers spent weeks in the system breaking into computer networks and stealing company secrets and personal data let's get more now from alan fischer he joins us live from washington d.c. alan what will kate sellers. well this is really more of a public shaming than any real attempt by the americans to bring these 4 members of the chinese military to justice this is all about highlighting what they believe the chinese are capable all of this is 145000000 people's day to know what did they take the names dates of birth they took social security numbers that's huge as far as they're concerned it's not the biggest time in american history but it should guard it is one of the most severe they also took from around 20000000 people the driving license details this is something that the americans have tried to protect against but william barr who is the attorney general said look normally we wo

china responding to allegations of cyber theft surroindiunding a 2017 equifax breach. and the bank of mom and dad, just how dependent are millennials on mom and dad >>> good morning and welcome let's check shares of futures. before we do that, i want to show you shares of sprint. they are up more than 65% pre-market an m&a saga with t-mobile. we'll now get to the stock future to show you how they are looking. after we saw a nice bump on wall street yesterday dow and s&p hire s&p indicated higher more than 8 and nasdaq more than 35 points let's see what we have going on for you in asia and actually mostly around the world, we are seeing green on the two-year, we'll take a quick check, yield on the 10-year below 1.6% hang seng higher nikkei was lower one of the only negative markets we've seen overnight this morning as we continue to follow the coronavirus with new virus cases and dipping slightly believe it or not. it is hard to know if that is actually a trend or not. let's look at what is going on in europe. germany higher as well as the ftse 100 france is higher by a

military hackers are responsible for one of the largest data breaches in history, the 2017 hack of equifax according to the investigation by the justice department. official released pictures of the suspect this is morning. attorney general barr says the cyber attack was a deliberate and sweeping intrusion into the information of the american people. investigators say they broke into the credit reporting agency for weeks. they were able to access sensitive information like names, birth dates, social security numbers, driver's license numbers and kardashians. tom winter joins me live from the new york city headquarters with the latest on this. tom, we knew somebody had it but it was news that the chinese, that military government backed hackers were involved in this. >> that's the news today. the fact that the hack occurred we knew in 2017 but the breadth and scope of it and how easy to do it, raises serious questions about what equifax was doing. we know that according to the indictment, basically when this vulnerability occurred, they accessed equifax's data partly through their online po

but invaded the privacy of many millions of americans. >> reporter: it happened in 2017 after equifax failed to patch a security flaw the government had warned about prosecutors say the chinese team hid their tracks by using 34 servers in nearly 20 countries. the fbi believes china also hacked marriott u.s. government personnel office and insurance giant anthem as it builds a massive database on every american the ceo says like most companies they get attacked daily. >> which is why we're investing so heavily in our data security and transforming our technology to make sure the security is the strongest out there. >> reporter: advice to protect yourself use multi step authentication, check your credit report for unusual activity, and freeze your credit with all three rating agencies lifting the freeze only before making a big purchase. >> as american citizens, we cannot be complacent about protecting sensitive personal data. >> tom, i remember when this hack happened, there was concern about identities being stolen do we know if the chinese used this information at all >> reporter: no

has charged for chinese military 'd members with the massive equifax security breach that exposed information on 140000000 americans we have a live report and facebook is headed to court with the i.r.s. over a possible $9000000000.00 tax bill that hasn't been paid well explain what both sides are saying and why this case will have a huge impact on the other tech companies so much to get to on this very busy day so let's get started and we begin with what has been the single deadliest day so far since the outbreak of the coronavirus 97 people died on sunday making it the deadliest day yet for the virus outbreak it includes also the 1st american casualty a 60 year old man living in the mainland china and all the death toll now stands at $908.00 people with over $40000.00 cases reported in china meanwhile the world health organization is warning that the spread of corona virus cases which had no history of travel to china could be the quote spark that becomes a bigger fire listen we have to be on a watch out we still don't know how easily it is being transmitted we have to have health systems ar

it allows them to control access to the equifax system. they routed their signal through 20 countries and tried to cover their tracks by deleting logs. on the senate intelligence committee, senator mark warner says credit agencies must be held to a higher standard. >> so my theory, if we don't have some level of civil penalty, they can bake this into the cost of doing business. their stock got hit briefly but it is basically fully recovered. we're a couple years after the fact. they paid no financial penalty. reporter: his argument is, there wasn't enough pain for the company so think could do it again. in fact equifax settled with the ftc. it was announced last summer for $575 million. most of that for credit monitoring. in fact, judge just four weeks ago approved that settlement. now the appeal process starts. so equifax is actually not paid a dime of any fines so far. they are offering though that credit monitoring. the four individuals by the way, they are not known, their whereabouts. they could possibly never be brought to trial. bac

it is not just equifax, it is multiple companies. defending against a foreign government is a lot different than defending yourself against a hacker or someone trying to steal credit card numbers. taylor: what are you doing to make sure those 145 million americans are more protected now than they work in 2017? mark: after the cyber event, we could have spent a couple hundred dollars to enhance our security -- couple hundred million dollars to enhance our security but instead we made a bold move to enhance our technology. we launched a $1.25 billion investment in our security and technology. be anour commitment to industry leader and we protect that data entrusted to equifax. paul: i am sure that equifax did not expect the hack back in september. how confident can you be that the attacks this time will morent future maybe sophisticated attacks? having this information come out, it really does raise the bar. we are focused on having the latest technology, the best protocolsd the best make sure we can defend ourselves against an adversa

released a statement on the attack on equifax was an attack on us consumers as well as united states cybercrime is one of the greatest threats facing our nation today. and it is an ongoing battle that every company will continue to face as attackers grow more sophiscated equifax disclosed the hack in septemberof 2017. but had discovered the breach 3 months earlier. the data breach and probably the resignation of ceo ricrd smith, and a number of civil lawsuits. equifax says is spending over a billion dollars to enhance security and technology to protect consumer data. i'm darryl forges reporting. >>and keeping your personal information protected to starts at home experts say protect your computer. the fbi says keep your firewall turned on install or update anti-virus software anti spyware tecology and turn off your computer they say when you're finished using . >>tonight more than 100 us troops have been diagnosed with traumatic brain injuries as after that missile attack by iran that took place in iraq, according to a us official that number is up significantlysince the end of januar

we've got a first on cnbc interview with the kreismt off equifax. >>> i'm sarah eisen. stocks errors with the nasdaq leading the group with a fresh high coronavirus remaining in focus as companies weigh in on the

i would also follow-up on senator sasse's comments about equifax. belief ofth you the the challenge that china poses, but i also think in the case of equifax and credit rating agencies broadly, none of us chooses to be in equifax customer, or any credit rating agency. that cyberattack was due to sloppy behavior by equifax, and the fact that we have not put in enhanced rules of liability around these credit reporting agencies is something i hope -- i know i have talked with the chairman at times -- that we would come back to. while we have to be on guard, if we don't have at least the minimum standards, and they can make this kind of obscene break into the cost of business, i don't think that is good for anyone. i hope we will come back to that. i do have a bunch of questions for you, chairman powell. ,esterday in your testimony talked about this movement towards digital currency, something i am very interested in. possibleated it is that there might be united states backed digital currency. but i question is, would that be desirable? aroundhe compon

i believe it is connected to the equifax hack. >>> mastercard told me i had requested a new credit card which i never did. this $4500 worth of charges were from somebody in texas who were using my business credit card. >> reporter: in a statement equifax said cybercrime is one of the greatest threats facing our nation today. combating this challenge from well-financed nace nation state actors that operate outside the rule of law is increasingly difficult. china is in handing over the accused hackers in the justice department admits there is little chance the four men will ever be arrested.>>> they believe china is behind many cyber attacks including the marriott hotel breach that exposed data on some 500 million global customers. >>> the number of u.s. troops with traumatic brain injuries from an iranian missile strike has jumped again. this afternoon the pentagon reported 109 service members have been treated for mild tbi. that is up from the 64 servicemembers who were diagnosed in january. 76 have since returned to duty. initially the administration said nobody was hurt. when i ran hi

and so equifax joins a growing list of companies the chinese have targeted. and today, the attorney general said that 80% of economic espionage prosecutions implicate the chinese government. >> o'donnell: that's a stunning number. >> reporter: it is. >> o'donnell: thank you, jeff. tonight, two police officers in arkansas are recovering from gunshot wounds after a shootout at a walmart. the officers confronted a man who was making threats at the store. he opened fire. they fired back and killed the suspect. one of the officers needed surgery, but both are expected to be okay. tonight for the fourth time the pentagon is reporting a big jump in the number of american troops diagnosed with traumatic brain injuries following that iranian missile attack last month. it's now more than 100. 21 have been sent back to the u.s. for treatment. david martin on what the troops experienced. >> the blast was so big, it was unlike anything i have ever tard or seen or felt. >> reporter: speaking to holly williams just days after the attack, sergeant first class daine kvasager'

for breaking into the computer systems of the credit reportingg agencies equifax the hackers obtained the names birthdates and social security numbers of nearly a hundred and fifty million americans. and many more besides around a million british and canadian citizens also have their information swept up in the hack three years ago. that led equifax to make a seven hundred million dollar settlement last t year with the fecec to consumerers ar a transponder did fail to fix a known security issue the crarack is exploited to gain access. the phone call this huge amounts of consumer data it sells to o businesses seeking to verify idedentities recess credt worthiness. us authorities traced back three dozens of service in twenty countries back to china and along the us would be able to arrest those indicted for authorities it serves as a warning. confronting this threat effectively does not mean we should not do business with china what it does mean is it when china violates our criminal laws and international norms. we will not tolerate it and we will hold them accountable for. the us is b

affected nearly $150000000.00 people one of the most severe ever reported hackers spend weeks in the equifax system breaking into computer networks and stealing company secrets and personal data is kind of attack. on american industry is of a piece with other chinese illegal acquisitions of sensitive personal data for years we have witnessed china's for racist appetite for the personal data of americans including the fast of personnel records from the office of personnel management the intrusion into marriott hotels and anthem health insurance companies and now the wholesale fest of credit and other information from equifax alan fisher has more from washington d.c. well this announcement by attorney general william bond is more a public shaming than any realistic prospect that the americans are going to get the 4 chinese hackers back to the u.s. to face charges it was a 2 year investigation there's a 9 count indictment 150000000 or close to phone their personal data had been compromised what did the hackers take well the 2 names dates of birth social security numbers the things that people n

in a 2017 breach of equifax. china denies that. anna werner is here. how did this happen? >> reporter: great question. investigators say the hackers had access to equifax's systems for months, stealing millions of americans' personal information. until now it wasn't clear who might have stolen the data, and it still isn't clear what it might be used for. >> this was one of the largest data breaches in history. >> reporter: attorney general william barr says four chinese military hackers are charged with computer fraud, economic espionage, and wire fraud for allegedly hacking equifax's computer systems in 2017. according to the indictment, the hackers obtained the names, birthdates, and social security numbers of nearly 150 million americans. they also targeted people's driver's license and credit card numbers. >> our cases reveal a pattern of state-sponsored computer intrusions and thefts by china targeting trade secrets and confidential business information. >> reporter: the doj says there isn't evidence that the information stolen from equifax is being used at this time.

on my to also follow-up good friend's comments about equifax. i share with you the belief, the challenge that china poses, but i also think in the case of equifax and the credit rating agencies broadly, none of us choose to be an equifax customer or any credit rating agency. that cyberattack wasn't due to sloppy behavior by equifax, and the fact we have not put in place any, frankly, enhanced rules of liability around credit reporting agencies is something i hope, i know i have talked with the chairman, i hope we will come back to, because i think all we have to be on guard, if we don't have the to make thisards obscene break into the cost of business, i don't think that is good for anyone. for you asuestions well. yesterday in your testimony, you talked about this movement toward digital currency, something i'm very interested in. you indicated it was possible there might be a united states digital currency. my question is, would that be desirable? i get the component parts around a digital currency might provide convenience and potentially eve

breach at equifax. the u.s. has charged for members --the chinese -- for members four members of the chinese army for that hack of equifax. william barr says the u.s. has the ability to track down hackers and find them. breached the information of almost 150 million americans. this is a significant step forward for the data injury. to the u.k., the government says they will break away from the eu rules of governing finances but they want a durable relationship. the chancellor says the u.k. may choose to do things the same way as the single market. tore will be differences international standards. the eu is ramping up its demands ahead of post-brexit talks. u.s., president trump has released his latest budget with a plan that proposes deep cuts to social programs but increases spending elsewhere. this potentially pushes gross federal debt about $30 trillion over the next decade. plan is$4.8 trillion because of tax cuts and heavier expenditure on military. the budget has no binding power as of yet because federal

they stole names and social security numbers as well as trade secrets from equifax . >> in addition to the theft of sensitive personal data there is a pattern of state-sponsored computer intrusion and theft by china targeting trade secrets and confidential business information. >> the charges include three counts of conspiracy, economic espionage, and wire fraud. >>> let's see how wall street is doing with the dow jones up 120 points. >>> it was the 92nd academy awards and for the first time ever a foreign language will be win the highest honor in chris martinez has a wrapup from los angeles. >> "parasite". relevant the satire "parasite" made history at the 92nd academy awards to become the first film not in the english language two best picture. >> we never imagined this to ever happen. >> the director of the movie bong joon-ho won the stretcher and "parasite" also won best international film and bephom " won for best actor and he spoke about animal rights and climate change. >> the greatest gift is given me is the opportunity to use our voice for the voiceless. >> reporter: renee zel

an indictment of 4 people we won't ever get to trial and it's it's damaging for companies like equifax when this is the response from the u.s. government i think the government should be should be making a much stronger statement they probably aren't because it will mess up the trade balance did you get your thoughts on this julie westby we appreciate your time thank you. still ahead an al-jazeera anglo-american succession plans go ryan after her protege unexpectedly stands down as leader of germany's ruling party. is used to having to rely on strangers to get around mexico city but he's worked out plenty of tricks to get around and now he's teaching others. and in sports they had a mercedes he says he's confident 6 time f one champion lewis hamilton will stay. in a welcome back to your international weather forecast well and for children next few days we are watching the flood threat here across much of the southern part of the united states now we did have a big storm push through last week bringing very heavy rain across much of the area and as you can see right here on tuesday heav

of china's military indicted in the massive credit hacking of equifax. the justice department claiming they were part of a special military unit involved in a deliberate and sweeping intrusion into the private data of americans. here's our chief justice correspondent pierre thomas tonight. >> reporter: tonight, u.s. law enforcement for the first time accusing the chinese military of being behind perhaps the biggest hack of americans ever. the fbi claiming today that these four members of china's people's liberation army were responsible for the 2017 breach of equifax, one of the nation's biggest credit reporting agencies. >> the scale of the theft was staggering. >> reporter: the theft included the names, dates of birth, and social security numbers of nearly half the population. also stolen, the driver's license numbers of at least 10 million americans. the attorney general saying the hack imposed substantial cost and burdens to the victims. >> they had to take measures to protect themselves against identity theft. >> reporter: and beyond the massive pri

>> there is not at this time. >> the hack which began three years ago rocked equifax. it led to a congressional probe. the resignation of a company ceo, and a settlement of up to $700 million to compensate the victims of the attack. >>> a model delivered stunning testimony in harvey weinstein's sexual assault trial, debunking one of his accuser's claims. claudia salinas took the stand. she denied that she stood by and did nothing while weinstein sexually assaulted one of his accusers in 2013. her claim contradicts one of weinstein's accusers who testified last week. weinstein is charged with assaulting two women in new york city. he's maintained any sexual encounters were consensual. new information in the case of two missing children from idaho. the two were seen last september. cbs news has learned that a cell phone belonging to ryan was found in hawaii with the girl's mother, lori vallo. a source close to the investigation says the phone was used several times after ryan disappeared. vallo and her new husband are believed to be living in hawaii. both have denied wro

let's kick it off with the big news, equifax. some people know them as a credit-reporting agency. others know them as a player hater that stops you from buying your couch. you may remember they were at the heart of a massive data hack and we're finding out how it all went down. >> good evening. it was one of the biggest cyberattacks in history stealing the personal informationov nearly half of all americans from associate numbers to birth dates. now the u.s. justice department is accusing a branch of a chinese military with a 2017 hack of a credit rating company equifax. >> the chinese team hid their tracks by using 34 servers in nearly 20 countries. the f.b.i. believes china also hacked marriott, u.s. government's personnel office, and insurance giant anthem as it builds a massive data base on every american. >> trevor: that's right. china is allegedly stealing people's private information to build a massive data base on every american. you know somewhere now mark zuckerberg is, like, back off, china, that's my thing! ( laughter ) i don't understand this, china is beating the u.s

. >>> new charges in the massive equifax hack. a big merger could soon be approved for 2 phone carriers. here's dennis o'donnell with today's moneywatch report. >> reporter: wall street new records on monday. the dow rallied 174 points. the nasdaq drops 107. hitting a new all-time high. so, too, did the s&p 500, which gained 24. chairman jerome powell will be on capitol hill today and tomorrow for the semiannual testimony before lawmakers. powell is expected to speak of the u.s. economy and the fat's policy along with comments on any potential economic threat from the coronavirus. >>> four members of the chinese army have been charged with the massive equifax hack. the indictment says they obtained sensitive, personally identifiable information for nearly half of all american citizens. that include credit card numbers, social security numbers, and more. the justice department says there's no evidence china has used the information, but experts say americans should monitor their credit. the federal judge is reportedly ready to rule

the equifax hack is one of the largest data breaches in history. federal prosecutors allege that four members of the people's liberation army hacked into equifax's systems and stole personal data, as well as company trade secrets. >> once in the the network, the hackers spent weeks conducting recognizance, uploading malicious software, and stealing login credentials, all to set up the stage to steal vast amounts of data from equifax's systems. >> the indictment details the steps the hackers took to cover their tracks, including routeing traffic through dozens of servers in nearly 20 different countries. >>> president trump has delivered his new budget plan for the 2021 fiscal year to congress. it aligns with many was president's campaign priorities, and includes some major cuts. >> so far, democrats say they don't like it, and they won't support it. >> reporter: president trump's 2021 budget proposal is hot off the press. overall, the white house is proposing $4.8 trillion in spending. >> over a period of not that long a period of time brings our b

. >>> the west department is charging four chinese intelligence officers for hacking equifax in 2017. it disclose financial records financial records of 150 million americans and is one of the largest data breaches and history. prosecutors allege that four members of the people's liberation army hacked into the equifax system and stole data and trade secrets. >> once in the network, the hackers spent weeks conducting reconnaissance, uploading malicious software and stealing log in credentials. this was to set the stage to steal vast amounts of data from the equifax systems. >> the indictment details the efforts they took to cover her tracks, including wiping log files and routing traffic through servers in nearly 20 countries. >>> back to rosemary we go. still windy? >>> especially in the north bay hills but not only in the hills with some wind in areas like fairfield and santa rosa. temperatures are warmer because of that wind and we will get to that in a moment. here is a look over san francisco, the wind has calmed down and they hair is another view across the open estuary. plenty

the trump administration is blaming china for the 2017 hack of equifax. four chinese military officers indicted for breaking into the credit reporting agency and stealing the personal data of nearly 150 million americans. the justice department says trade secrets were also stolen from equifax. the attorney general called the scale of the theft staggering. there has been no response from chinese ochinese officials. cheryl: jay powell will be on capitol hill today to begin two days of hearings on potential threats to the u.s. economy. what investors want to hear is how china's coronavirus outbreak could affect the global economy this year and how the fed might have to he respond to that. president trump told trish regan that china has the coronavirus under com control but then he criticized chairman powell for raising interest rates three times last year. >> we should not have tightened like we did. we should have a lower fed rate right now. he's let me down. i think he's done the wrong thing. cheryl: the be president telling trish he would welcome negative

as attorney general are pointed out it is not just equifax, they have attacked multiple companies. defending against military arm of a foreign government is different than defending ourselves against a hacker or someone trying to deal still -- to steal credit card numbers. it raises the stakes for all of us. >> pressure advising -- pressure on huawei as the u.s. as a racketeering conspiracy charge against the chinese tech giants, the law associate with cross with prosecuting mafia figures. >> this is the trumpet -- this is the trump administration ratcheting up charges, looking at ways to make life harder. the punishments longer for huawei. there is the belief that not only does huawei present a national security threat by potentially creating backdoors for the chinese government as we have discussed many times, also that there is this year's long pattern of illegally stealing intellectual property, making money off of it, incentivizing employees to steal trade secrets, and really gaining an unfair competitive advantage on the rest of the world, including players in the u.s.. so it

department of justice is charged for chinese military hackers over the 2017 cyber attack at the equifax credit reporting agency the attack resulted in a data breach that affected nearly $150000000.00 people the hackers spend weeks in the system breaking into computer networks and stealing company information and personal data is kind of attack. on american industry is of a piece with other chinese illegal acquisitions of sensitive personal data for years we have witnessed china's voracious appetite for the personal data of americans including the fast of personnel records from the office of personnel management the intrusion into marriott hotels and anthem health insurance companies and now the wholesale faffed of credit and other information from equifax. the woman expected to replace german chancellor angela merkel says she's quitting as leader of the governing c.d.u. party karrenbauer is stepping down amid a crisis over a decision by regional representatives to vote alongside the far right a.f.d. government came for ports from berlin i. am a good company was supposed to be her party'

obviously, as we've well documented recently with the equifax hack attributed to the chinese government and our own reporting over the last several years, the chinese have been systemically and aggressively trying to conduct spy operations with great success in the united states. >> a lot of important questions by tom winter. stay on top of the story. thanks for watching this hour of msnbc live. right now more news with my friend, craig melvin. >> good to see you. craig melvin at msnbc headquarters in new york city. right now a number of presidential candidates are in the great state of south carolina, campaigning today in the palmetto state. tomorrow night, another debate. they're all making their last-minute pitches ahead of saturday's primary there. some looking for a bump. others are looking for a flat-out miracle. one candidate in desperate need of a strong showing in south carolina, joe biden. his campaign has pointed to it as his firewall. it could be the only thing keepings his candidacy afloat. biden and the other candidates facing the new reality after nevada, a bona fide fron

and some health insurance companies and now the wholesale fest of credit and other information from equifax asia's biggest asho is kicking off in singapore but some major firms of pulled out of water is about the coronavirus outbreak at least 70 exhibitors chose not to attend including u.s. defense firms lockheed martin and raytheon 10 chinese companies who are forced to cancel office in or imposed a ban on those traveling from mainland china. she says the experts for big deals are scaled down significantly. the singapore is taking place just days after the singapore government raised its disease outbreak level to the 2nd high is now organizers of this event say they are adopting precautions including thermal screening and turning away visitors who are on while they're also encouraging visitors to adopt a no contact policy which means instead of shaking hands you should adopt other methods of greeting people like vowing or nordin your head now we're seeing also a noticeably reduced presence when we walk around of the trade exhibition hall we notice some empty spaces empty booths where parti