I agree. EquiFax deserves complete dissolution as a corporate entity. Much like Arthur Anderson dissolved itself after being caught as the approving auditor in the Enron scam.<p>Corporations and executives as well as stockholders must suffer. For executives there must be clear disincentives to bad management. Stockholders must learn to NOT invest in unethical companies. And employees need to learn that working for poorly run companies is a poor career choice.<p>Otherwise, these events will continue to occur and everyone on the inside will glad hand each other about how they got away with it.
Maybe not dissolution, but surely:<p>1. Such a big fine that their stock goes broke<p>2. Arresting the execs who took high salaries but did not take their jobs seriously enough
It was just a matter of time. Probably the number of identities breached in the US has approached 100% even before the Equifax data. I personally have seen almost all my data lost in three known breaches before Equifax. The only hope I have is that this will get government attention to start enforcing better standards on credit issuers when authenticating customers and preventing fraud.