Re: What Exactly Was The Breach ???
As I said in an earlier thread, it is time we forced the credit reference agencies to clean up their act and severely limited their capabilities:
Reform should mean that data kept must be limited to a small number of permitted categories, all recent and personal (not hearsay or "linked"), with the sources clear, and limited to clear factual data which can be easily either confirmed or refuted and immediately fixed without the co-operation of the source.
Combine that with full control by the subject: full visibility not only of the data but history of all requests and responses (with future notifications if they wish) and full control over who may or may not make requests (able to be changed at any time).
Yes, this would mean credit checks would be less conservative, and there would be more bad debt. But the world won't end.