Equifax got hacked. Nearly 150 million people's data stolen. And the executives' first move was to quietly sell their shares. 🤦

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#facepalm #cybersecurity #equifax #databreach #infosec #hacking

@gcluley That’s great! It’s far easier to prosecute them for insider trading than for anything related to their liability for the breach.

@david_chisnall @gcluley
In this economy‽

I feel like someone will get a bribe that won't even involve the usual token "24 months of free credit monitoring"

RE: https://mastodon.green/@gcluley/116246342593504567

The worst part of Equifax is you have no say in the matter. No signing up for the "service", no opt-in. Just "We're gonna track all of your finances, sell your data to anybody willing to pay for it, and leave it on this un-secure computer in the corner over here for somebody to steal." Absolute dogshit corp. Sure you can "freeze" your credit report, but it doesn't stop the data collection.

@the_blackwell_ninja

AND they ding you for paying off your mortgage even if you own the house. No credit? You are only as good as what you owe today, not what your history has been.

@the_blackwell_ninja
Stolen data is the norm. Stolen democracy is the norm.
The new reality is NOT the norm...
Uuurrrr.
Ohmrbill
OL school medicated toot. :(
@the_blackwell_ninja
What is the purpose of these credit agencies? Do other countries have them? An utter scam. I had my data stolen in the Equifax hack. If a credit company can't even stop a hack, they should be shut down. I believe TransUnion was hacked as well. I also have free monitoring from them. Sickening.
@lin11c regarding the first question: Yep... for Germany we got the Schufa - private company, but practially a monopolist run by banks etc: https://en.wikipedia.org/wiki/Schufa
Schufa - Wikipedia

@nyanbinary
They control what you can buy with their "credit scores". Such a scam.
@the_blackwell_ninja this would be insider trading, no?
@gcluley cool, i guess in compensation they're going to give a bunch of money to another company to sign us up for a service we never asked for that we then have to keep track of ourselves.

@flipper Uh, give a bunch of money and all our data to another company that doesn’t automatically use our details to enrol us but forces us to sign up ourselves through a tortuous process that requires us to agree to privacy-stripping terms and conditions.

Capitalism, ain’t it grand!

@gcluley insider trading. They should be rotting in prison for at least 10-20years.