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Topic: T-Mobile US ‘incredibly angry’ at Experian over data breach (Read 547 times)

legendary
Activity: 1806
Merit: 1024
15 million T-mobile customer records hacked:

http://www.cnbc.com/2015/10/03/t-mobile-us-incredibly-angry-at-experian-over-data-breach.html

If you are still wondering if Bitcoin is superior form of currency / payment rail among other things above is your answer.

Bitcoin is a superior currency of course, but it won't be the end of data breaches, because you will still have to order products and services from companies. The data breach could have happened at T-mobile itself as well (remember the eBay-leak not long ago).

The only method to entirely prevent such hacks: Don't collect data. However that stance can't be conveyed in a world where governments and companies collect more data than ever... If you ask me, those persons responsible for collecting and insecure storage of the data should be obligated to compensation for any adverse outcome for every single one of the 15 million customers.

ya.ya.yo!
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!

Oh boy, 15 million identities goes through the window just like that. This really is crazy. All centralized companies with one single entity are dangerous as hell. One breach and there you go. 46 millions in Ashley Madison hack, 15 millions now in T-mobile.

Decentralized definitely is the future and way to go. Sooner everybody realizes that the better!

What does this mean - "all centralized companies  with one single entity are dangerous as hell" - this doesn't make sense? All centralized companies, by definition, are single entities...otherwise they'd be a decentralized company.

Further, this has nothing to do with the propensity for data breaches...seriously.

With that said, the use of bitcoin does take some of that information out of transactions but a company like T-Mobile will still need the names and numbers and addresses of their customers and can track the bitcoin addresses used by those people to pay their bill.
sr. member
Activity: 378
Merit: 250
I prefer to buy prepaid cards for my phone in cash anyway. Sucks for those customers.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
15 million T-mobile customer records hacked:

http://www.cnbc.com/2015/10/03/t-mobile-us-incredibly-angry-at-experian-over-data-breach.html

If you are still wondering if Bitcoin is superior form of currency / payment rail among other things above is your answer.

Oh boy, 15 million identities goes through the window just like that. This really is crazy. All centralized companies with one single entity are dangerous as hell. One breach and there you go. 46 millions in Ashley Madison hack, 15 millions now in T-mobile.

Decentralized definitely is the future and way to go. Sooner everybody realizes that the better!
hero member
Activity: 605
Merit: 500
15 million T-mobile customer records hacked:

http://www.cnbc.com/2015/10/03/t-mobile-us-incredibly-angry-at-experian-over-data-breach.html

If you are still wondering if Bitcoin is superior form of currency / payment rail among other things above is your answer.
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