[maccard]

> The Experian breach has shown that breaches of trust are easily overlooked in favor of complacency, at least to a point.

I disagree that it matters for trust in CC's. It may have damaged experians reputation, but people still trust amex/MasterCard/visa and their banks, despite Experian being useless. The fact that Experian is required to access those systems is unfortunate, but most people don't deal with Experian directly.

I think people's day-to-day trust in banks is well placed, for what it's worth. I banked with a large bank that fell in 2008, and had less than 10,000 in my bank. My money wasn't affected, I just had to find a new provider.

I've had multiple incidents of fraudulent transactions on debit and credit cards over the last 15 years, and in _every_ instancr, my card provider has sided with me and refunded me the money immediately (even in the one case I was actually wrong and it was a billing mistake). Those amounts we're almost always in the few hundreds.

[asciident]

Considering that the data breach was actually at a completely different company than the one this thread named leads me to believe that the reputation damage is not as significant as you suggest.