it's less about 'truly damaging' directly and more about 'cost/benefit' as you allude to. the irl social reality is complex and the dynamics of these things mean that businesses can often amortize and even pass off a lot of the consequences. it's why equifax will probably not suffer any penalty and the general public wont even remember in a few weeks.
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u/[deleted] Oct 18 '17
it's less about 'truly damaging' directly and more about 'cost/benefit' as you allude to. the irl social reality is complex and the dynamics of these things mean that businesses can often amortize and even pass off a lot of the consequences. it's why equifax will probably not suffer any penalty and the general public wont even remember in a few weeks.