Prior to joining TransUnion—I've only been with TransUnion for 75 days—I spent most of my career in financial services. I think the front line of fraud prevention resides in the hands of the folks in the financial services sector, and the retail sector when they get that data. How do they store that data, how do they protect that data so that there isn't a breach and it doesn't get in the hands of fraudsters?
I think in terms of a second-line protection, when either Equifax's or TransUnion's credit bureaus are accessed, that's where the products that we have as Equifax to identify fraud, to create awareness of potential fraud, really kick in to help solve this problem. So the way I would characterize this is that if the front-line financial services and retail are one, we're probably one and a half, because there are ways that we can connect with consumers. But the typical fraud happens through those institutions first.