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I am not a lawyer but intent appears to play a big role. A company that is negligent or incompetent will always face a lesser repercussion than one who acts del
by athenot 8y ago
I am not a lawyer but intent appears to play a big role. A company that is negligent or incompetent will always face a lesser repercussion than one who acts deliberately.
Now of course this is not to exonerate Equifax whose entire premise rests on safeguarding sensitive information. From the consumer side, the 2 incidents are equally bad.
- killyp 8y agoNot that I completely disagree with you, but lets not pretend that leaking SSN is equivalent to possibly leaking emails and passwords. One of those is far more important than the others. There was also tons of evidence of insider trading by Equifax execs. If anything the Equifax stuff proved to me that the American public doesn't care about privacy and so neither should investors.
- bhandziuk 8y agoWhich one are you saying is more sensitive: my ssn or my email password?
- parthdesai 8y agoIs that even a question? guess what is needed when you go apply for mortgage?
- asdffdsa 8y agoEmail password, of course. I give out my ssn for identification to various organizations. I NEVER give out my email password to anyone except my email provider
- MiroF 8y agoHilarious that the two replies to you are exact opposite answers, and neither is the original commentator
- Maximus9000 8y agoMaybe real dollar values will help this discussion: https://www.bankrate.com/finance/credit/what-your-identity-is-worth-on-black-market.aspx https://www.bankrate.com/finance/credit/what-your-identity-i... And gmail credentials: https://www.popsci.com/technology/article/2013-07/how-much-your-gmail-worth-hacker https://www.popsci.com/technology/article/2013-07/how-much-y...
- jeremyjh 8y ago> whose entire premise rests on safeguarding sensitive information Is this a joke? You are not Equifax's customer and they do not need your trust. Their entire premise is selling information about you, to people who do not trust you. Securing your data is something they have to do for compliance, not a core part of their business.