Equifax is a piece of shit.
July 29th, Equifax had a massive data breach that affected 143 million customers.
143 MILLION.
143 million people’s addresses, emails, credit card numbers, birthdates, and social security numbers were stolen and Equifax told no one until three months later.
They waited 90 days to let anyone know. What the fuck.
Now you are responsible for freezing your credit, and in most cases you actually have to pay to freeze your credit.
Oh, and if you aren’t mad yet (which you should be irate).
According to filings with the SEC, Equifax Chief Financial Officer John Gamble sold shares worth nearly $950,000 on August 1.
Joseph Loughran, Equifax’s president for U.S. information solutions, sold shares worth about $685,000 on August 1 as well.
And Rodolfo Ploder, president of workforce solutions, sold stock for just more than $250,000 on August 2.
In case you are bad at math(or reading the calendar) August comes before September – the month in which they told the public about the breach.
It’s now the end of October and no one is talking about it. It’s already a thing of the past, websites and TV shows have pulled their fill from the debacle and Equifax will continue to operate and life will go back to usual.
But if your credit was compromised, you’ll be dealing with the fallout from this for years.
This, amongst the financial crisis of 2008 begs the question. Where is the accountability? Why don’t more people go to jail? Why aren’t more companies being shut down? Why is it that those whom are responsible aren’t being held accountable?
“The government will save me!” Yea? Are you sure about that? Congress just voted to disallow consumers from suing Equifax and other companies with arbitration agreements. Awesome.
I have no idea where we go from here, but I am sure about one thing. If we just click ‘retweet’ or ‘like’ nothing is going to change and as far as I can tell, that’s all most of us are willing to do to instill ‘change’.
