&gt;Credit scores are what separate me from the idiots who are insolvent and going bankrupt.<p>You&#x27;d think that. I know a person that has gone bankrupt <i></i>5 times<i></i>. He&#x27;s always able to coax his credit score up within 2-3 years to rack up another 100k in credit card debt before he files for bankruptcy again, right on schedule.<p>I also know responsible people who&#x27;ve been completely fucked over by insurance companies who refuse to pay claims based on their own clerical errors, among many other horror stories.<p>Credit reporting is an unreliable, oppressive system, where your financial well-being is left in the hands of 3 companies that have minimal oversight and exist primarily to help lenders fuck the consumer out of money.<p>Anyone who has your social security number can start reporting derogatory accounts on your credit and seriously hurt your life that way. Think twice before you fork that number over to the dental receptionist.<p>The idea of this type of hack is to force a change in the methodology, not just to reset the counter. These hacks would have to be continuous service disruptions to be effective. They can&#x27;t just do it once and let everything go back to normal.<p>For what it&#x27;s worth, my credit score is currently in the mid-700s.<p>I personally believe this type of thing is inevitable. There are people in the government who recognize this too, and have been pushing for cybersecurity initiatives to prevent it (though these concerns have been co-opted by politicians for use in forcing down oppressive copyright and surveillance legislation, pleasing media company donors).<p>There is a great deal of latent risk in this hyperconnected world. It&#x27;ll be amazing and frightening to watch hacks at this type of scale play out. Like I said, I have no doubt whatsoever that they will.