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Why Privacy is a Corporate Responsibility Issue
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Re: Data is money
  • 11/30/2017 11:58:29 PM
NO RATINGS

Tom agreed and that's probably the intention of the T and Cs.

Re: Data is money
  • 11/30/2017 10:38:25 PM
NO RATINGS

SaneIT, we were headed in that direction in terms of more and more punishment for guilty firms. But given the swing in US politics, expect the cyber pendulum to swing the other way for a while.

Re: Data is money
  • 11/30/2017 7:44:15 PM
NO RATINGS

Most of us know this is a need. I am afriad the average consumer still doesn't understand how he is at risk.

Re: Data is money
  • 11/30/2017 6:24:50 PM
NO RATINGS

sometimes sadly consumers and businesses don't have a choice they are doing businesses with these companies through another company they are working with and become a victim of the breaches. When companies are held responsible through legislation the Tand C issues will not get them out of breaches.

Re: Data is money
  • 11/30/2017 6:17:34 PM
NO RATINGS

Those consumers right now are too concerned about losing their healthcare and their tax deductions so it might be a while

Re: Data is money
  • 11/30/2017 11:22:57 AM
NO RATINGS

I am afriad this is not an agenda item with the current administration. It will take a lot of noise from consumers to get attention.

Re: Data is money
  • 11/30/2017 11:11:38 AM
NO RATINGS

@Tomsg that's exactly the issue until there are stiff penalties applied to companies for not securing client information these breaches will continue. Congress needs to start protecting consumers!

Re: Data is money
  • 11/30/2017 8:59:31 AM
NO RATINGS

There really were no implications or any punishment  for the lax security. Most people who had information breached never knowingly used Equifax- their credit providers did. Consumers need to have the right to know who has their information and how it will be used. Providers should have a responsibilty to protect this information - and pay the price if they don't.

Re: Data is money
  • 11/30/2017 8:37:14 AM
NO RATINGS

Until it hits them in the wallet nothing will change.  It can't be a little bump either it has to be a significant amount and it has to go to the victims of the data loss not into a pool of government money that will come right back to them.  We need to start holding the data companies accountable for what they are doing with data.

Re: Data is money
  • 11/29/2017 11:43:53 PM
NO RATINGS

All three credit rating agencies have tried to market their ability to protect consumers and I wouldn't trust any of them.

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