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How likely is it that Equifax will face any real trouble from this breach? Will this be one of the first cases where security negligence causes real harm to a company? Or will it turn out to be another slap on the wrist?


Slap on the wrist, guaranteed:

- potentially every one of the 143M people are going to have some sort of trouble

- WORST CASE equifax shuts down, but that doesn't matter. too late.

- if everyone was to win a lawsuit for everything equifax is worth, they'd get maybe $100 minus lawyer fees.

And worse, now we have a financial system dependent on 2 companies. Making a 3rd isn't an easy matter.

::shrug::


EquiFax declares bankruptcy, re-orgs and rebrands.


If the insider dealing allegations are founded, jail time.


143 million people, or essentially every US citizen over 18 (give or take a few million.) It most likely includes Senators, Congressman, Donald Trump etc etc. So, yeah, a lot of people will be inconvenienced and pissed off, ad for a very good reason.


Senators, congressmen and Donald Trump himself all had their data previously leaked at least once before. Nothing changed as a result.


I should hope something happens. This is a monumental fuckup.




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