The criminals always go after the path of least resistance and the accounts with the weakest controls. |
The free credit report thing is basically a farce. It only tells you very specific information about your situation at a point in time. |
The government initiative gives a clear and loud wake-up call to a procrastinating U.S. banking industry that has not moved beyond relying on single-factor reusable password authentication. |
The only reason they don't check these things is because they forgot about it. Really, I'm furious. |
The whole system is pretty rotten from start to finish and they really need to tighten up. There's very loose access control over who can get credit reports. |
There will be more security holes. In the end, it increases the risks not decreases them. |
These concerns won't stop online commerce. It will just slow it. |
They are an agile company, and they have made a decision that they are not going to provide top-notch service to anyone who is not a business-class customer. |
This gives customers direct access to information already available to companies. |
This is the absolute worst hack that has happened, the biggest scam to date. |
You can skin a statistics cat in multiple ways. |
You need a bank-owned consortium to pull [the development of such a standard] off, |