Equifax Should Pay More for Causing Identity Theft
The promised $125 payout from the Equifax settlement most likely won’t reach your wallet even if you signed up early. It turns out that most of money will go towards credit monitoring. Equifax gets to have their cake and eat it too.
Many families have been impacted by identity fraud. It’s an increasingly common occurrence because it’s seen as soft crime, despite the monetary damages being the exact same as hard crime. A person caught shoplifting or stealing in person is viciously pursued by the criminal justice system. But cyber criminals and hackers get significantly lighter sentences if caught at all. One day gutsy criminals will begin to target members of the criminal justice system – judges, lawyers, police officers, and politicians – when that day happens, you can expect swift legislation… or can you?
We’ve all heard about WikiLeaks and other political scandals involving technology. The strange thing is, why does it keep on happening? These are supposed to be the most powerful people capable of enacting change regarding cyber security and digital reform, but even as their lives and careers are ruined by data breaches, they continue to sit around and wonder why the sky is blue. If someone breaks into your home because the lock is too weak, then you get a new lock. If someone breaks into your network because the security is too basic, then you upgrade the security. But for some reason this seems like an impossible bridge to cross.
Wiperts is your best choice during these scandalous times. The value, security, and comfort of knowing that your personal information is safe is worth your time and money. There are insane reports coming out every day about data breaches. You’d think Facebook would learn after the 10th time, but no laws on the books means no legal action is required by Equifax or Facebook. All the guidelines and regulations can be sidestepped through regulatory agencies and when the laws eventually are written and passed, you can bet that Facebook and Equifax will lawyer up. Get the protection you need by subscribing to Wiperts today.