When Code Spaces suffered a data breach in 2014, the company shut down within weeks. When Equifax exposed 147 million Americans' Social Security numbers in 2017, it recovered fully within two years and continues operating as one of three credit bureaus controlling Americans' financial lives. This isn't coincidence—it's the predictable outcome of a system where large corporations transform catastrophic data breaches from existential threats into manageable quarterly expenses.
While 60% of small businesses fail within six months of a cyberattack, Fortune 500 companies see their stock prices recover within 53 days on average. Settlement payments work out to less than $5 per affected individual—roughly the cost of a coffee—while representing less than 5% of a single quarter's profit. Meanwhile, breached data flows into a $441 billion data broker industry that aggregates, enriches, and resells personal information, creating a secondary market where stolen identities become purchasable intelligence.
The disparity isn't accidental. Through coordinated lobbying campaigns, corporations have shaped privacy legislation in over three dozen states, registered hundreds of lobbyists, and spent over $125 million to ensure that opt-out frameworks replace consumer consent, that private rights of action are eliminated, and that penalties remain negligible. When the CFPB attempted to regulate data brokers in 2024, the rule was withdrawn five months later. The result: a system designed to extract value from personal information rather than safeguard it, where small businesses die from the same breaches that large corporations absorb as rounding errors.
This investigation examines how America's largest corporations have transformed data security from a mandate into a choice—and why they consistently choose profits over protection.
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