<story><title>After Equifax breach, anger but no action in Congress</title><url>https://www.politico.com/story/2018/01/01/equifax-data-breach-congress-action-319631</url></story><parent_chain></parent_chain><comment><author>mikestew</author><text>Yeah, that&amp;#x27;s why I bought Equifax call options a little bit after the breach was announced. Made good money on those options, and it pisses me off. It pisses me off that after an event that should bankrupt a company such as Equifax, I lay hard-earned on the table knowing that I have an extremely good chance of a healthy ROI simply because of vested interests and status quo.&lt;p&gt;Like other political hot topics, this is one of those things that causes me to ask, &amp;quot;okay, then, how bad &lt;i&gt;does&lt;/i&gt; it have to get before populist outrage brings about change?&amp;quot; Something worse happens, and this is the time, right? Nope. And so on from one event to the next.&lt;p&gt;OTOH, in this case maybe the invalidation of vast amounts of data will alone bring about changes out of necessity. There will probably be a rough patch of lawsuits, debate, and perhaps a new law or two, but perhaps it will eventually shake out something better.</text></comment>
<story><title>After Equifax breach, anger but no action in Congress</title><url>https://www.politico.com/story/2018/01/01/equifax-data-breach-congress-action-319631</url></story><parent_chain></parent_chain><comment><author>rossdavidh</author><text>In other words, there will have to be a bigger, more painful incident before anything gets done.  In part, because a large committee composed mostly of lawyers is not probably the right group to even determine what needs to be done, in this particular case.</text></comment>