Re:First American Financial Corp. Leaked Hundreds of Million...
by munk-a on Friday May 24, 2019 @05:46PM
(#20005566)
While everyone here says "Oh that's terrible!" the market says "Oh that's terr-SQUIRREL" and then forgets it ever happened. Additionally, no appropriate fines have been levied nor jail time handed out for this sort of thing - right now the sane approach (money wise) is just occasionally have a breech and offer up an apology.
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Re:First American Financial Corp. Leaked Hundreds of Million...
by mediocrejoker on Friday May 24, 2019 @06:22PM
(#20005813)
That's what everyone (including myself) said after Equifax but just this week their credit rating was downgraded by Moody's:
https://www.darkreading.com/attacks-breaches/moodys-downgrad...
Re:First American Financial Corp. Leaked Hundreds of Million...
by r00fus on Friday May 24, 2019 @07:52PM
(#20006245)
Equifax should have been fined billions not just had a credit downgrade.
Re:First American Financial Corp. Leaked Hundreds of Million...
by dredmorbius on Saturday May 25, 2019 @05:21AM
(#20007939)
Big enough credit downgrades can hurt.
Still not enough.
Re:First American Financial Corp. Leaked Hundreds of Million...
by stochastic_monk on Friday May 24, 2019 @07:46PM
(#20006227)
The market shouldn’t be the only entity responsible for punishing this kind of massive damage.