Cost of repercussions due to lapse of security <<< cost of fixing it.
Until Equifax and the like get sued out of business, Equifax and its shareholders won't feel the heat.
Until Equifax and the like get sued out of business, Equifax and its shareholders won't feel the heat.
It would be better if we could get the monitoring from one of their competitors on Equifax's dime.
They've already built out the infrastructure necessary for the monitoring product. The marginal cost of every additional person they add to it is probably quite low.
Equifax's breach might be deserving of it being sold to the government for pennies and having leadership reorganized (read: fired), but I don't think we can nuke it out of existence immediately. Primarily due to it being relied on by so many other banks and services.
TransUnion
Experian
Innovis