19 is just so damn young. That’s all I’ve got. No snark, no blame, no speculation.

Im actually at a loss for what to do. I feel overwhelmed with this sudden information. Heck, i don’t even know what to say to my parents about this. Let alone my brothers, sister and rest of my family. Right now they are ignorant of the situation. But is it really bliss?

How ‘bout no? How about they screwed up and are permanently liable for any and all damages incurred as a result of their failings? Isn’t that how things are supposed to work? Your mess, you clean it up? Well, this is THEIR mess. The cost of cleaning it up is THEIR problem. No golden parachutes. Execs and shareholders…

welcome to the US

So because one of the largest US credit bureaus got hacked and lost personal information I’m now supposed to pay for protection service? That sounds pretty ass backwards to me.

Really? What’s the fine? How long are they going to jail?

You’ve gotta admit, gross negligence is a hell of a defense against insider trading.

There may even be a Congressional hearing, for god’s sake!!!! Why, the Republicans that they’re paying off to go limp on regulations might even shake their heads in feigned disgust!!! What will the neighbors in the gated community think?

“Equifax chief financial officer John Gamble and president of U.S. information solutions Joseph Loughran each sold shares worth hundreds of thousands of dollars, according to SEC filings. Gamble sold 6,500 shares, worth about $946,374, while Loughran sold 4,000 shares, worth $584,099.”

If that were the case, the Equifax press release would have stated that clearly and unequivocally because it is the most obvious, easily clarified, and safest explanation. But it did not. It basically said “it’s okay they didn’t know lol.” (Also, in my experience, when C-suite personnel schedule a share dump, they all…

And that’s only because madoff ripped off other 1%ers.

How the heck does the President of Information Solutions not know about an intrusion of this size days after it was detected? Just how bad is their internal communications?

Naah, you’re looking at *45's new cybersecurity task force dream team.

They’ll make a deal for security fraud, and be fined 1% of what they made. Crime pays, white collar that is, even if caught. Can anyone link an article where a Wells Fargo or HSBC or Volkswagon was fined for at least 101% of what they banked for their illegal acts?

I agree. The leak already looks bad for Equifax, and this is pretty blatantly illegal. I bet they’ll be made an example, and their company won’t stand by them.

This is go to jail territory for sure. May be 6 months in low security like Martha Stewart, but jail nonetheless.

not when it’s this easy. Jail, maybe not, every penny of profit disgorged and a fine equal to the loss, probably.

No.

They might even be forced into retirement early like poor John Stumpf of Wells Fargo

This is insider trading right? These guys are going to be charged with securities fraud, face a judge and receive a stern finger wagging and a slap on the wrist that might turn red, right?