I would have no issue bankrupting firms like Equifax over data breaches. If the value of the business cannot outweigh the harm of data breaches then it shouldn’t be considered a viable business.
It’s a total joke that these business are not bankrupted by class actions against them. They just give out a token amount and FIVE YEARS of credit monitoring, as if such half-assed attempt at mitigation is good enough. They have legal licence to injure people who had effectively no meaningful ability to consent to having their data harvested.
Sell off the company and give the proceeds to the victims.
It’s a total joke that these business are not bankrupted by class actions against them. They just give out a token amount and FIVE YEARS of credit monitoring, as if such half-assed attempt at mitigation is good enough. They have legal licence to injure people who had effectively no meaningful ability to consent to having their data harvested.
Sell off the company and give the proceeds to the victims.