It shouldn't take more than a couple days. That's enough time to verify you had a problem and get a good picture of the extent. You might not have all the details nailed down, but you put out the information you know and say "We'll provide more details as they become available."
Whoever dismantles their company could try to frame it that way, but the rest of the industry will see through that. It won't be a good situation for us to be in.
Right now, a baker can refuse to sell you a cupcake if you won't tell them your SSN. Your electric company can refuse to sell you power if you don't tell them your SSN. The phone company can refuse to give you dial tone. They can even refuse to serve you if your SSN has too many fives in it, or not enough. The character of the SSN currently assigned to you is simply not a protected class for anti-discrimination purposes, even though the difficulty in changing it is somewhere between one's race and one's religion.
The people need to reign in the corporate interests of the world. Companies are already larger and more powerful than governments. People should be freaking out. This event just underscores that need.
That seems like a dangerous, slippery road with a lot of unintended side effects.
This is why it's important we not allow laws to be passed with the assumption that overly broad permission grants are OK, because they'll only be used 'correctly'.