Comments
JohnBarnes
10/25/2017 10:06:15 PM
User Rank Platinum
Re: Security Spending to Hit $118B
srufulo1, freehe,
Except, of course, that while the right hand of government wants to keep its secrets, the left hand wants to make sure it can know yours (and everyone else's), so the state is eternally locked in an arm-wrestling match with itself.
The great political cartoonist Tom Darcy once pointed out that for several years, tobacco subsidies just about equaled cancer research in federal spending. "To you it may look crazy, but to them, it's balancing the budget!"
afwriter
10/25/2017 10:48:45 AM
User Rank Platinum
Re: Security Spending to Hit $118B
@elizabethv It probably is a false sense of security to have them, but it's something. I personally monitored my credit before the breach and I intend to keep doing so to hopefully catch any identity theft before it gets too bad. I think a lot of companies outside Equifax are starting to be a lot more proactive about credit monitoring in light of the many breaches. I know a lot of credit card companies are stepping up and sights like Credit Karma are also offering free extended protections. Again, they are probably all security blankets, but maybe having a cross stitch of multiple protections will help prevent fraud.
I know a guy who knows a guy who is a millionaire who recently went to get a loan for a new development and the bank denied it because he was being foreclosed on and had a bunch of other faulty loans. He told them they were mistaken and they said no, it's your social. Apparently, it is going to take up to 5 years to get everything straightened out.
srufolo1
10/25/2017 10:43:34 AM
User Rank Platinum
Re: Security Spending to Hit $118B
@elizabethv There are many a criminal hacker who have "rehabilitated" themselves and now work toward the good of uncovering breaches. They've gotten smart and realize they can actually command huge salaries doing so. Here is a story written last October about one such person. https://www.wired.com/2016/10/anonymous-notorious-hacker-back-hes-gone-legit/
elizabethv
10/25/2017 8:34:31 AM
User Rank Platinum
Re: Security Spending to Hit $118B
@afwriter -The other places that have been affected by breaches also offered free credit monitoring. In this instance, you get Life Lock, which tosses some if its coins back into the coffers of Equifax. So that they made it easy isn't hard to believe. My husband and I were both affected, he signed up for the credit monitoring, I did not. I started to, but then didn't feel comfortable giving all my info to a company that just had a security breach, that they waiting weeks to say anything about, in the meantime their CEO's dumped a bunch of their stocks. Which actually could have something to do with their stocks already rebounding too. I'm a bit cynical.
mpouraryan
10/24/2017 1:25:43 PM
User Rank Platinum
Re: Security Spending to Hit $118B
That's the right attitude to have because as someone once said, Worrying about something is when we have nothing better to do!!! :) :)
afwriter
10/24/2017 1:16:30 PM
User Rank Platinum
Re: Security Spending to Hit $118B
It is definitely worrisome, but we can't let it dictate our lives. I regularly monitored my credit before and now I have a few extra layers of monitoring. Of course, I wish it never happened to begin with but I cannot dwell on that which I have no control.
mpouraryan
10/24/2017 1:03:06 PM
User Rank Platinum
Re: Security Spending to Hit $118B
They seem to have learnt from their stumbles as their stock price has recovered since the fiasco. We are the ones ultimately that have to bear the responsiblity--and it is not an easy thing--is it?
mpouraryan
10/24/2017 1:03:05 PM
User Rank Platinum
Re: Security Spending to Hit $118B
They seem to have learnt from their stumbles as their stock price has recovered since the fiasco. We are the ones ultimately that have to bear the responsiblity--and it is not an easy thing--is it?
mpouraryan
10/24/2017 1:03:04 PM
User Rank Platinum
Re: Security Spending to Hit $118B
They seem to have learnt from their stumbles as their stock price has recovered since the fiasco. We are the ones ultimately that have to bear the responsiblity--and it is not an easy thing--is it?
afwriter
10/24/2017 12:54:26 PM
User Rank Platinum
Re: Security Spending to Hit $118B
I am one of those affected and I have to say that they made signing up for the free credit monitoring pretty painless.
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