National Public Data files bankruptcy, admits 'millions' affected

Something doesn't add up about the descriptions of the assets of the Sole owner & operator of the business. How did one person amass the data of millions while operating alone with so few assets (two HP Pavilion desktop computers)? Feels like there are assets hidden away, or that the data was being accumulated though some other company. It doesn't feel like the company was operating significant cloud infra.

The bankruptcy is because they have to buy everyone credit monitoring post-breach. And they cannot afford to do that because this is a grifter business impacting impacted millions of people. Funny thing is everyone already has credit monitoring but it's now the financial squeeze shutting down these harmful businesses.

How about we take a few folks from the USDS put them on a project to audit any business selling personal data without opt in from individuals, and proactively require them to prove funds to cover monitoring for everyone in their databases in case of breach? If they can't cover, they can't operate. Or at the very least the government could put them on a watch list to warn other businesses not to purchase data from them because risk is high / quality is poor.

At the very least, this would shut down the long tail of small data grifters, maybe even force the bigger brokers to re-evaluate their business model.

Why are they liable for just credit monitoring? Screw bankruptcy - pierce the veil, size assets of executives AND employees who worked for this evil data broker, and jail them. Apply it retroactively. I don’t care if it ultimately doesn’t succeed - these people deserve the scrutiny and stress of legal repercussions. Also, publicly name all current/past employees and customers.