(September 9, 2017 at 9:20 am)RoadRunner79 Wrote: I do think with what this is costing people and companies, that this is something that should possibly be a government service (credit monitoring).
Clearly, business as usual is not working. I don't know whether it needs to be a government service, but credit monitoring - and the ability to lock one's credit report - ought to be accessible to everyone. Frankly, the fees charged for those services are absurd and they're out of reach of lots of working people.
One thing for damn sure is there needs to be more independent oversight of Experian / Equifax / TransUnion and their data protection policies and practices. I don't know which fox is watching that particular henhouse, but I can say that the standards for my industry are pretty weak, and they are self-policing.
