Why don’t they force those three clowns who sold their shares some 40 days before reporting this hack – they can afford to pay for the increased cyber liability insurance coverage premium, cant they? What a sick joke this is!
I do not think that any insurance will cover the negligence of Equifax. Last March Apache issued a patch, Apache Struts CVE-2017-5638 for a known Apache Struts vulnerability. Equifax failed to install the patch. Remember the old proverb that a kingdom was lost, all for the want of a horseshoe nail?
If there was knowledge of this breach 40 days before it was reported, it is questionable that their policies will respond.
It is highly doubtful that any “failure to maintain security” provisions found in some policies would exist in a placement of this magnitude. For general reference, there is no patch (or security software for that matter) that will keep the bad guys out.
Field day for Plaintiffs Bar. 40-50% of this Class Action game = windfall.
Come on Jeff Sessions, you say you want to be harder on criminals and put them away longer – these are the REAL criminals as they have stolen from 143 million people and all they cared about was selling their stock before confirming their exposure.
Let’s spend our national resources on those that steal from all of us!
Why don’t they force those three clowns who sold their shares some 40 days before reporting this hack – they can afford to pay for the increased cyber liability insurance coverage premium, cant they? What a sick joke this is!
143 million records hacked. No, the Cyber Limits are inadequate.
I think you’ve summed it up well.
And put their asses in jail!
I do not think that any insurance will cover the negligence of Equifax. Last March Apache issued a patch, Apache Struts CVE-2017-5638 for a known Apache Struts vulnerability. Equifax failed to install the patch. Remember the old proverb that a kingdom was lost, all for the want of a horseshoe nail?
If there was knowledge of this breach 40 days before it was reported, it is questionable that their policies will respond.
It is highly doubtful that any “failure to maintain security” provisions found in some policies would exist in a placement of this magnitude. For general reference, there is no patch (or security software for that matter) that will keep the bad guys out.
Field day for Plaintiffs Bar. 40-50% of this Class Action game = windfall.
Come on Jeff Sessions, you say you want to be harder on criminals and put them away longer – these are the REAL criminals as they have stolen from 143 million people and all they cared about was selling their stock before confirming their exposure.
Let’s spend our national resources on those that steal from all of us!