Quote Originally Posted by Bailey Guns View Post
[snip]

Fortunately, several top Equifax executives were able to sell their Equifax stock for a nice profit before news of the breach became public. Which is really good because after the breach did become public the stock prices dropped 13%. Imagine how much those execs would've lost had they waited.

[snip]
Yes, we can sleep easy now!

I was explaining yesterday this is usually a sign the execs think their company is done. They would rather roll the dice on insider trading charges than ride out the shitstorm. If you're a c-level who just murdered your company, you have no prospects after this so why not do a few months at-home detention? Not like they'll be busy with a new job.

Even if these sells were filed in advance with the SEC (I haven't checked the filings) there is still risk in executing.

These agencies do have entirely too much power, but consumers have handed it over. Having just gone through this with Best Buy fraud (long story) and being sent to collections, here is my advice...

- Don't trust anyone with a breach to accurately or effectively communicate you were in their breach. Like Fox said, assume your info is out there at all times.
- Put a fraud alert on your credit (people doing this now en masse will hurt the agencies and those who use them)
- Use a credit card for all purchases. One credit card. Pay it off every month before close to avoid interest (and get perks ). Check it daily for authorizations (don't wait for settled charges).
- Sign up with UPS and FedEx to get alerts whenever a shipping label is created for your address. If you go out of town, have the USPS put a hold on your mail. It's free and you have to go to the PO and show ID to get your mail.
- Pull your free credit report for everyone in your household once a year


After this BB problem, my eyes have been opened to how retailers treat victims of fraud. There is no compassion or understanding. They put the onus on the victim to return their merchandise and will make all sorts of threats after the cc company disputes the fraudulent charge.

And the third-world customer support black hole is worthless.