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Equifax Faces Multibillion-Dollar Lawsuit Over Hack

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Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#431

Post by williamscales »

ThrustVectoring wrote: post #257

Coordinating the response here is the key part here, but "massive number of suits in small-claims court" is probably better for threatening Equifax with an existential legal threat. Equifax employs about 10,000 people worldwide. A million small-claims cases has each Equifax employee handling 100 small-claims cases. I don't think they can handle that level of distributed legal aggression. It just takes too much time b…

Does anyone know of a sort of recipe book for how to file a small claims court case in this sort of matter? I'm interested in this avenue but I don't want to spend a lot of time figuring out how to do it or potentially screw up some little thing that renders the whole effort futile. It seems like the argument might be slightly more subtle than a case of, say, theft or fraud. It's negligence.

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#432

Post by dragonwriter »

ChrisLomont wrote: post #385
unclebucknasty wrote: post #359

Earlier quoted context omitted.

> So why can't I have a mobile app (or three) for free Yes, and I think it's a bigger question of why we have so little control over or access to our own data in the first place? It's a racket that they monetize our data by selling it to others, then charge us again to access and protect it. And, if you've ever had to go through the pain of having something corrected in a timely fashion, then you know it's doubly-mad…

>Yet, without our data, they'd have no business Yet, without credit rating agencies, you'd get no loans.

> Yet, without credit rating agencies, you'd get no loans.

Loans existed for millenia before credit rating agencies, so that seems unlikely. It's more likely that the people getting the best loans terms today would pay a higher cost for borrowing without credit rating agencies, and that credit references would be more important, though.

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#433

Post by StillBored »

apayan wrote: post #189
pc86 wrote: post #134

Earlier quoted context omitted.

If you sue a corporation, who do you expect to defend it? It will be an attorney.

I don't know about other states, but in California if you sue a corporation in small claims court, they can NOT send an attorney: Corporation or other legal entity — A corporation or other legal entity (that is not a natural person) can be represented by a regular employee, an officer, or a director; a partnership can be represented by a partner or regular employee of the partnership. The representative may not be an…

Apparently this is not uncommon even in normal court.

I sat on a jury in TX where a couple was suing an insurance company, and the insurance company wasn't represented by an attorney. It was really strange, because the first thing the gentleman does is stand up and spend 5 minutes explaining how he isn't an attorney but he regularly represents the insurance company for smaller claims (it was something like $20k IIRC). Then for the remainder of the next hour and a half or so he stumbled around with arguments against the couples slick lawyer. I guess the guy probably lost most of his cases (?) but its worth it to the insurance company to spend a few hundred bucks getting this guy to show up unprepared for an hour or two in the odd chance he could save them $20k every few dozen cases.

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#434

Post by sounds »

SonicSoul wrote: post #346
cletus wrote: post #340

Ok, so credit reporting agency collects sensitive personal and financial data on basically every adult American, loses it to a bunch of criminals and now I have to deal with the consequences? I looked into credit freezes yesterday. This is really a total scam. You have to _call_ each of the three agencies and pay a fee ($5 to $10) each time. If you need to unfreeze your report to make a legitimate credit application…

hmm i called the 3 mentioned here today and all were free. https://www.consumer.ftc.gov/articles/0497-credit-freeze-faq... Equifax — 1-800-349-9960 Experian — 1‑888‑397‑3742 TransUnion — 1-888-909-8872

Experian has not accepted phone applications for a security freeze for a while now.

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#435

Post by herewulf »

ineptech wrote: post #388
adrr wrote: post #378

Earlier quoted context omitted.

What you explained is what global entry, tsa precheck, and nexus programs are.

...except that TSA Precheck doesn't host an OAuth server that my bank can use in lieu of their dumbshit "street you grew up on" nonsense. But yes, I agree, it's a good point that the government already does this (ditto for lost birth certificates, etc) and this would just be tying the federal identity that they work so hard to verify to a digital one.

> dumbshit "street you grew up on" nonsense.

I call these what they are: Insecurity questions.

I have also taken to writing completely unguessable nonsense as the answers and recording them in my password manager.

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#436

Post by innovate »

freezing credit profiles is a good idea but full account numbers (liability accounts only) as well as addresses and employer data were also part of this breach, its likely there will be many long-term consequences unfortunately...someone with this data can easily impersonate you and level up the level fraud

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#437

Post by syshum »

scruple wrote: post #390
cbhl wrote: post #354

Earlier quoted context omitted.

What state do you live in? Credit freeze rules vary from state to state.

I'm wholly ignorant to this but I am very curious. Why would it be like that?

Different state laws mandating different things.

Federal Law allows a fee, some states have passed laws mandating no fee, or no fee to freeze but a fee to unfreeze, etc

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#438

Post by panic »

wildmusings wrote: post #408
CoolGuySteve wrote: post #379

Earlier quoted context omitted.

Corporate charters can be dissolved by the government at any time. Given Equifax ONLY deals in building detailed profiles of every US adult and managed to lose that information to criminals is grounds for terminating their corporation. At this point, their lack of basic security practices has endangered national security by weakening the banking and credit systems. On top of that, this company is massively unpopular.…

The government can't just dissolve a corporation on a whim. We have due process and the rule of law.

Since Congress defines what the law is, couldn't they do it? The only law binding Congress's lawmaking powers is the Constitution, and I don't think it restricts their ability to dissolve corporations.

Re: Equifax Faces Multibillion-Dollar Lawsuit Over Hack

#440

Post by mjhoyer »

anyfoo wrote: post #417
dcosson wrote: post #397

Earlier quoted context omitted.

How do you freeze them online?

Come on, that's really not hard to find out for yourself. But here are the links anyway: https://www.freeze.equifax.com/ https://freeze.transunion.com/ https://www.experian.com/freeze/center.html

ugh. even their 10 digit code they provide to unfreeze someone isn't very secure. It's simply todays date plus a 4 digit pin that moves up in the order that someone signs up. For example: 090817xxx1, 090817xxx2. So my wife and I are simply two numbers apart.
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