Too Long; Didn't Read
<strong>After incidents such as the </strong><a href="https://www.forbes.com/sites/thomasbrewster/2017/09/08/equifax-data-breach-history/#7c892011677c" target="_blank"><strong>Equifax data breach</strong></a><strong>, in which millions of people had sensitive personal information such as names, addresses, and social security numbers stolen, it became overwhelmingly clear that we need new mechanisms to handle personal information.</strong> Years of willful ignorance and slow development have lead these systems to be vulnerable to attacks. Antiquated, centralized systems such as Equifax’s are not secure enough to reliably handle such important data, and are slow to adapt to recent trends in identity verification and personal data handling that could improve the current situation.