> > Nearly all of the dire predictions made at the time of the breach have been wrong to date. > Tell that to my coworker who spent all day on the phone last w

> > Nearly all of the dire predictions made at the time of the breach have been wrong to date. > Tell that to my coworker who spent all day on the phone last week fighting identify fraud with his bank. I'm saying that identity theft happened before the Equifax breach, and the Target breach, and the Yahoo! breach, etc. It will continue to happen. What we need is some sort of reform, like a national ID system with stronger ways to identify people (like fingerprints) and strong penalties for the criminals, not the organizations that get victimized. Note that anything like this will probably result in restricting access to credit or raising the cost of it. People like to blame the CRAs for this, but it's the businesses that don't do due diligence in verifying identity that are at fault.