Hacker News new | ask | show | jobs
by CharlesColeman 2369 days ago
> That's what all your personal information and your identity is worth. $6.

That's not how much it's worth, that's just how much Equifax was able to corruptly negotiate to pay for losing it.

If you really want to know how much it's worth, you could probably compute a reasonable estimate by taking all the money the credit bureaus from your credit file, and divide that by the number of credit files.

2 comments

Equifax followed all laws on the settlement.

Also, when that statement is ever made, it really highlights flaws in our system when the rich/corporations/layers write the laws in their favor... So much for "for the people" right?

Let me rephrase. $6 is what your personal information and identity is valued at by corporations.
No. It’s much worth more than 6 to them but they are trying to tell you it’s less
It would be $0 and probably covered up if the corporation had the choice.
If they had a choice, it'd be considered a burden and a tax write-off :-)