> Right but surely a public credit registry would have the same risk of being hacked, no? No, I disagree. A public agency would have the same value as a target

> Right but surely a public credit registry would have the same risk of being hacked, no? No, I disagree. A public agency would have the same value as a target. But its incentives would be better aligned (no profit motive), which could result in better practices and less actual risk.