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The real crisis here is that Equifax isn't being held responsible for providing meaningful fraud protection beyond one year. When I lived in the UK, the banks w
by mdekkers 9y ago
The real crisis here is that Equifax isn't being held responsible for providing meaningful fraud protection beyond one year. When I lived in the UK, the banks were constantly trying to sell me "fraud protection" and "identity protection" - trying to argue with the salesdrones about why you think it is insane that they are trying to sell me protection against their own shoddy information security practices was useless.
I'm not a big fan of over-regulating, but this is a specific issue that requires a significantly heavier hand then "i'm going to another bank" as they are all as bad as eachother.
- takeda 9y agoInstead of heavily regulating I say we should make this service obsolete by passing similar to European laws where people can request what information given company holds about them, request removal and not allowing data collection without permission. Neither of those companies provides anything valuable to ordinary citizens and the data collection they do comes with great price to us as it shown with recent Equifax fiasco.
- mdekkers 9y agowell, Equifax is big in the UK, mostly to keep track of your credit rating, to allow individuals to borrow money. I think you will find on closer inspection that EU data protection laws prove to be surprisingly flexible when it comes to things relating to money. But hey, at least we are protected from evil cookies tracking us! Talk about a fucking sleight of hand....
- selimthegrim 9y agoWould you trust them after this? https://twitter.com/webster/status/906638411930497029 https://twitter.com/webster/status/906638411930497029
- mdekkers 9y agoI don't trust them at all. Never have, never will, and I am not sure I follow the context of your comment....