4 ms·

$31 million is a laughably small amount of money to set aside for direct settlements in the biggest hack in all of history. Add three zeroes to that, probably s

$31 million is a laughably small amount of money to set aside for direct settlements in the biggest hack in all of history. Add three zeroes to that, probably still not enough. I spent three days figuring out this nightmarish credit reporting system and helping friends and family place freezes, as well as educating them to avoid all the horrible dark patterns on Equifax's site. What I want is about $2000 and the ability to opt out of them owning and reselling my personal data completely. I don't need credit monitoring, I don't need credit period anymore, why am I forced into accepting the unlimited risk of them owning all my data so that this private company can keep operating?

mason55 7y ago
As part of the settlement you can charge for your hourly time that you had to spend figuring out credit monitoring
- mooman219 7y ago
  Comes out of the same $31 million. I'm unsure how distribution will work once more than $31 million is requested, but you're likely not going to see the full amount.
  - paulgb 7y ago
    My reading of the settlement is that of the $310 million, up to $31 million (10%) is allocated to hourly time claims (section 6.2.6) and a separate $31 million is allocated to "Alternative Reimbursement Compensation", i.e. the $125 cheques (section 7.5). So it's still capped at the same amount, but comes from a different pool.
    - taborj 7y ago
      Either way, it's still a laughably small amount to set aside. They leaked data on 147 million people, are they really only expecting 248k people to want to be reimbursed? That's 0.0017% of the affected population.
ryanlol 7y ago
>I spent three days figuring out this nightmarish credit reporting system and helping friends and family place freezes, as well as educating them to avoid all the horrible dark patterns on Equifax's site. That’s all on you. There was no reason for you to do this. Certainly not because of Equifax. Your information was almost certainly already compromised, so reacting to the Equifax breach news like that was downright silly. >why am I forced into accepting the unlimited risk of them owning all my data so that this private company can keep operating? Nonsense. The risk isn’t unlimited, just about everything you do in your life presents a bigger risk. The real risk here is that someone might waste a few hours of your time, but looks like you’ve already been working on that yourself.

mason55 7y ago

As part of the settlement you can charge for your hourly time that you had to spend figuring out credit monitoring

mooman219 7y ago
Comes out of the same $31 million. I'm unsure how distribution will work once more than $31 million is requested, but you're likely not going to see the full amount.
- paulgb 7y ago
  My reading of the settlement is that of the $310 million, up to $31 million (10%) is allocated to hourly time claims (section 6.2.6) and a separate $31 million is allocated to "Alternative Reimbursement Compensation", i.e. the $125 cheques (section 7.5). So it's still capped at the same amount, but comes from a different pool.
  - taborj 7y ago
    Either way, it's still a laughably small amount to set aside. They leaked data on 147 million people, are they really only expecting 248k people to want to be reimbursed? That's 0.0017% of the affected population.

ryanlol 7y ago

>I spent three days figuring out this nightmarish credit reporting system and helping friends and family place freezes, as well as educating them to avoid all the horrible dark patterns on Equifax's site. That’s all on you. There was no reason for you to do this. Certainly not because of Equifax. Your information was almost certainly already compromised, so reacting to the Equifax breach news like that was downright silly. >why am I forced into accepting the unlimited risk of them owning all my data so that this private company can keep operating? Nonsense. The risk isn’t unlimited, just about everything you do in your life presents a bigger risk. The real risk here is that someone might waste a few hours of your time, but looks like you’ve already been working on that yourself.