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A comment on What I'm Telling US Congress about Data Breaches. Parent comment

Re:What I'm Telling US Congress about Data Breaches by seanp2k2 on Wednesday November 29, 2017 @04:01PM (#15810799)
IANAL but banks have a lot of cash to throw at legal teams. AFAIK you’d have to show evidence of material damages. Seems very hard to automate...might be better for class-action.
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Re:What I'm Telling US Congress about Data Breaches by CoolGuySteve on Wednesday November 29, 2017 @04:09PM (#15810875)
Ya I agree. It seems these firms are relying on the fact that each individual suing them would have to put up considerable time and money, and so most don't .

But if some economy of scale could be provided in filing these lawsuits, like those boilerplate will in a box products, then the business of credit reporting in its current form may be made non-viable.

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