Equifax Deserves the Corporate Death Penalty

Interesting perspective from Ron Fein over at Wired. If this happens, what is the precedent for other industries like healthcare or banking? Are you in favor of shutting down companies that don't take cybersecurity seriously?

The Federal Trade Commission, Congress, and about 40 state attorneys general are investigating the data breach, and both the Massachusetts attorney general and the city of San Francisco are suing on behalf of residents whose information was compromised.

That's a start. But it's not enough. Equifax's failure calls for the corporate death penalty, through a rare but vital procedure called judicial dissolution.

Click below to read the full article at the author's website:
https://www.wired.com/story/equifax-deserves-the-corporate-death-penalty/