Linked by Thom Holwerda on Thu 7th Sep 2017 23:45 UTC
Legal

Equifax Inc. today announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized activity on Equifax's core consumer or commercial credit reporting databases.

Names, social security numbers, birthdays, addresses, driver's license numbers, credit card numbers - this is a very big breach.

Interestingly enough, three executives of the credit reporting agency sold their shares in the company days after the breach was discovered.

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RE[3]: Comment by Boogaloo
by Alfman on Mon 11th Sep 2017 14:56 UTC in reply to "RE[2]: Comment by Boogaloo"
Alfman
Member since:
2011-01-28

darknexus,

And even if it were to be made illegal, they'd still do it on the sly, and with the government's covert blessing and approval. That's what you get when corruption is everywhere and encouraged.


Yea, first the laws have to get passed. Quid pro quo dynamics between government and business make this unlikely.

Secondly, the laws have to be enforced. Without enforcement, laws don't help. Do not call legislation is an example of laws that were supposed to help, but many companies ended up taking advantage of the fact that violating the laws can still be low risk and profitable. ;)

Reply Parent Score: 2