[nwallin]

I honestly, no bullshit, wish the hackers had simply released the entire dataset. Just drop kicked it into the the public domain.

It would have been the greatest thing ever. This dumb ass bullshit system of credit reporting would have dissolved overnight. Instead we're stuck with the worst of all worlds. Our information is completely fucked, and we're the ones expected to protect it. And we're not even permitted to have proper tools to protect ourselves.

[libria]

I totally get your sentiment about it forcing reform. What would replace it though?

Risk assessment is a valid concern for lenders. Diligent payers should be rewarded.

[cinquemb]

I don't think the lending industry would go away with a leak, though I do think that more players with the ability to analyze the data could have come along and used the data set to lower the costs of lending and/or incentivized other systems of data collection/risk analysis and underwriting.

Though I do think it would have hurt the bottom line of the giants that have few incentives to innovate, and many incentives to maintain the way things are.

[cinquemb]

> I honestly, no bullshit, wish the hackers had simply released the entire dataset. Just drop kicked it into the the public domain.

A lot of systems that leverage data behind walled gardens, collected from the masses and for the benefit of the few could also have the same approach. A couple of high profile "leaks" come to mind…