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Shut it down. They provide no value to anyone.
by adamnemecek 9y ago
Shut it down. They provide no value to anyone.
- Spivak 9y agoYep, absolutely no value. That's why all those banks and businesses pay them for their reports.
- tzakrajs 9y agoYep, and they have no competitors so getting rid of Equifax means getting rid of the entire industry.
- matte_black 9y agoThere are other competitors.
- tzakrajs 9y agoI was using sarcasm to respond to sarcasm.
- adamnemecek 9y agoI meant the industry as a whole.
- tzakrajs 9y agoBut we don't have evidence the industry as a whole is being run like Equifax do we?
- swarnie_ 9y agoWhen did Experian and TransUnion stop trading??
- tzakrajs 9y agoI was using sarcasm in response to sarcasm.
- adamnemecek 9y agoBanks dont need to be provided value.
- ProAm 9y ago> That's why all those banks and businesses pay them for their reports. Now those banks give me a worse interest rate because Equifax leaked my info and I have fraudulent activity on my 'record. Seems like everyone is winning in this debacle except for the people's who info was leaked.
- jjeaff 9y agoFile a report online with Equifax, they will have to remove it with a specified time period. Then have your bank run it again.
- matte_black 9y agoA business can be a total fuck up and still provide tremendous value. Don’t believe? Just look at Uber.
- josefresco 9y agotremendous value Debatable.
- matte_black 9y agoDo not confuse no value to you with no value at all.
- adamnemecek 9y agoI'm talking about value to society.
- matte_black 9y agoWhy on Earth should they be held to that kind of standard? The vast majority of society will never be their customer.
- adamnemecek 9y agoThey are selling fundamentally things that dont belong to them.
- josefresco 9y agoI didn't - I don't see the value that Uber offers to society - maybe breaking the taxi monopolies? Doesn't seem like something very valuable to society.
- cryoshon 9y agoi'm in favor of shutting it down too. we have other credit bureaus and we need to make an example out of a major company that didn't respect its consumer data to make sure that practices tighten up.
- twinkletwinkle 9y agoI agree. Zero out the stockholders and send some executives to prison for negligence and fraud. The corporate death penalty is the only way we'll see companies take infosec seriously. If I were CEO at Transunion right now, looking at what's happened to Equifax as a result of the breach (nothing), I wouldn't spend a minute's time thinking about upgrading my security practices.