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Comment by adamnemecek | Hacker News Reader

Shut it down. They provide no value to anyone.

I 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.

i'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.

Yep, absolutely no value. That's why all those banks and businesses pay them for their reports.

Yep, and they have no competitors so getting rid of Equifax means getting rid of the entire industry.

There are other competitors.

I was using sarcasm to respond to sarcasm.

I meant the industry as a whole.

But we don't have evidence the industry as a whole is being run like Equifax do we?

When did Experian and TransUnion stop trading??

I was using sarcasm in response to sarcasm.

Banks dont need to be provided value.

> 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.

File a report online with Equifax, they will have to remove it with a specified time period. Then have your bank run it again.

A business can be a total fuck up and still provide tremendous value.

Don’t believe? Just look at Uber.

tremendous value

Debatable.

Do not confuse no value to you with no value at all.

I'm talking about value to society.

Why on Earth should they be held to that kind of standard? The vast majority of society will never be their customer.

They are selling fundamentally things that dont belong to them.

I 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.

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