Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack
by Chaebixi on Friday September 08, 2017 @12:57PM
(#15201881)
> I'm not excited about this class action; If they win, the individual payout will be almost nothing ($10?). The lawyers are the only ones who will really "make out" with 10's of millions in fees.
Equifax needs to feel pain so they behave better in the future. Their executives need to be taught that they need to invest in security or it will affect their balance sheet. That will happen even if the payout to individuals is small, just as long as it costs Equifax a lot.
Equifax needs to feel pain so they behave better in the future. Their executives need to be taught that they need to invest in security or it will affect their balance sheet. That will happen even if the payout to individuals is small, just as long as it costs Equifax a lot.