Monday, October 30, 2017

COMMONWEALTH BANK IMPRESSED BY HACKERS’ ABILITY TO RUIN PEOPLE’S FINANCES MORE EFFICIENTLY THAN FINANCE SECTOR CAN


In the wake of several massive data breaches that exposed the sensitive personal information of 143 million customers, executives from Atlanta credit agency Equifax said Friday that they were impressed by the hackers’ ability to ruin people’s finances much more efficiently than their company can. “We’re truly amazed by the effectiveness and sheer speed with which the hackers wrecked so many Americans’ financial prospects—it usually takes us years to devastate someone with a bad credit score,” said awestruck Equifax CEO Richard Smith, noting that Equifax’s traditional process of slowly chipping away at a customer’s credit rating due to late payments on credit cards with arbitrarily raised interest rates or an inability to pay off subprime loans made them “practically a dinosaur” in comparison to cybercriminals who could wipe out someone’s financial standing in mere minutes. “It’s taken us a long time to get to the point where we can ensure that someone won’t ever get approved for a loan, can’t apply for a mortgage, or might not even qualify for basic car insurance, so it’s honestly humbling to see these hackers do it in just a few keystrokes. But we’re going to learn from this and use it to motivate us to sabotage people’s finances much more efficiently in the future.” At press time, Equifax announced it had laid off 80 percent of its workforce in favor of one Latvian hacker who could destroy millions of customers’ credit ratings overnight. 

Executives of Australia’s Commonwealth Bank, themselves embroiled in a series of hacks, money-laundering and customer-based stealing activities, recently sent three of its top executives on an all expenses trip to Atlanta via Hawaii, Los Angeles, Houston, Las Vegas, Chicago, Washington D.C (see also Madame Lash) and New York (see also Trump Tower).
Equifax which has no relationship to Equinox were unable to hack into their own system to demonstrate how hard it was for anyone else to get past their firewalls.

Expect more from the Commonwealth Bank in the ways that your money can be made to fall into a black hole. 

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