[hysan]

$1k, $100, that's far too low in my opinion even for a warning shot.

As someone who has had their info leaked by two universities before, both of whom subsequently paid for multiple years of credit/fraud protection, the sheer pain and stress of having random credit cards frozen and need to be replaced is worth far more than that dollar amount of my time. This is potentially messing with people's livelihoods with long term lasting effects.

If monetary sums are given out, then I hope a fair amount is given out instead of a warning shot. Those tiny figures won't help at all and effectively send the message that companies are more important than the people they serve.

[scarmig]

$100 per each individual would be 14 billion dollars... Which would definitely put Equifax out of business.

[seanp2k2]

Perfect. If they're in the business of selling access to sensitive information and cannot keep said sensitive information safe, they should not be allowed to continue to leak that sensitive information.

[ceejayoz]

$1k would mean a $146 billion fine in this case. Hardly a "tiny figure".