Equifax: An Online Celebration of May Day
May 1, 2020
Here in rural Kentucky it is May Day. Some of the dwellers in the hollows wash their faces with dew to beautify their skin. Others erect poles, tie ribbons to the top, and dance. Others, like me, think about spring, the promise of green shoots of corporate responsibility and socially aligned behavior.
How will Equifax celebrate May Day?
If the information in “Over 275 Days Since Equifax’s Data Breach Settlement and No One Has Been Paid” is accurate, the answer is simple. Collect interest.
The write up asserts:
Equifax was rocked by a massive data breach affecting most (56%) Americans. The company agreed to one of the largest settlements of its kind, $700M to be disbursed…
Then the article claims:
Many of you probably read some of these headlines in the summer of 2019, and many more still filled out the forms after promises of up to $125 per afflicted party. There were several deadlines and additional hoops people had to jump through, but 275 days later: no one has been paid yet, and it’s not clear if they ever will be.
How many days have elapsed since the security issue? About 800.
Is this a cause for celebration?
Stephen E Arnold, May 1, 2020
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