Re:US Senate report on Equifax breach [pdf]
by haberman on Saturday June 22, 2019 @05:48PM
(#20251883)
I don't think Equifax is innocent, I believe they should be liable for the damage they caused. Regulators answer to the people, it is their job to act in our interest and our job to hold them accountable to this.
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Re:US Senate report on Equifax breach [pdf]
by rectang on Saturday June 22, 2019 @06:12PM
(#20251983)
We're mostly on the same page, but here's my quibble: you hold Equifax responsible "for the damage they caused" but not for their role in corrupting the regulatory regime.
Regulators should answer to the people, but because corporations are extremely motivated, fabulously wealthy, and privileged by the court system, the people have to compete for the regulators' attentions. I think it makes sense to acknowledge that Equifax is acting against the common good, even if that's just incidental to Equifax acting in its own interests.