Money is a proxy for power in society. The fines for this breach should be enormous since it wasn't just them being hacked, they were negligent in maintaining t

Money is a proxy for power in society. The fines for this breach should be enormous since it wasn't just them being hacked, they were negligent in maintaining their systems. If the consequences of losing our data was high enough, more money would be spent protecting the data. Which I think is one of the good things for GDPR, it has stiff penalties and one of the considerations for the fine is negligence. Equifax is probably going to end up making more money now because of the breach as more people now need "better" identity verification - a service that Equifax conveniently provides.