Equifax Faces Multibillion-Dollar Lawsuit Over Hack

Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack by pfarnsworth on Friday September 08, 2017 @01:30PM (#15202253)

$15/month for identify protection/tracking X 12 X 40 years.

You can't even dispute $15/month, since that's how much Equifax charges for their identity protection, so that must be how much it's worth since they caused these damages.

That makes it more like $7200 in damages, not including the cost of money over time, inflation, etc.

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Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack by actsasbuffoon on Friday September 08, 2017 @02:02PM (#15202527)

For anyone reading this: I believe it’s a one time $10 per credit bureau to freeze your credit. Equifax would obviously like to charge you more if you’re willing. Do not sign up for Equifax’s service. It is a rip-off for a number of reasons.

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Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack by spathi_fwiffo on Friday September 08, 2017 @01:50PM (#15202415)

That exceeds the $$ limit for claims is many states.

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Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack by spiznnx on Friday September 08, 2017 @02:08PM (#15202570)

I'm sure equifax would respond by offering you free credit monitoring for life (which costs them nothing to do)

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Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack by k_sh on Friday September 08, 2017 @02:38PM (#15202857)

Who said the hypothetical plaintiff was interested in _Equifax's_ credit monitoring services? They've already demonstrated they can't keep data safe.

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Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack by airza on Friday September 08, 2017 @03:25PM (#15203247)

future payments are usually discounted rather than inflated (IE money you have to pay now is more of a burden than money you have to pay in the future)

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