Attorney general offers advice on what to about the Equifax breach

Attorney general offers advice on what to about the Equifax breach

The most disturbing thing about the data breach acknowledged last week by the credit reporting agency Equifax is not that 143 million people's personal data may have been exposed, nor even that there's not much those people can do about it. With two other major credit bureaus offering substantially similar services, the biggest question is whether customers will return to Equifax, and whether financial institutions will continue to send valuable customer data - the lifeblood of the business - to the company, given its recent security problems.

The lawsuit is in response to Equifax's announcement on September 7, 2017 that a massive cybersecurity data breach had occurred in its data systems from mid-May through July 2017.

David Vega is a commercial lender at Bancorp South in Columbus. Since the Equifax data breach checker requires users to enter the last six digits of their Social Security numbers, users could be at further risk if the site is compromised.

The cyberattack at the credit-reporting firm, reported last week, may have compromised the personal data of nearly half the USA population. "Hackers are resourceful criminals who are constantly looking to exploit any vulnerabilities, and I encourage everyone to educate themselves about how to best protect their personal information".

Each credit bureau can charge a fee of $5.00 to establish a credit report in your child's name and then place a Protected Consumer security freeze on it. If there's fraudulent activity, you should contact each of the three credit reporting agencies to dispute the inaccurate item (s).

Lawmakers and customers have vented their anger at the credit bureau after it was revealed that hackers were able to access an astounding amount of data.

A credit freeze, which is also called a security freeze, locks down your credit and can only be lifted with a personal identification number (PIN) that you receive when you enroll. "They will make a decision based on your Canadian credit information", Morley said.

"Just because se your credit is bad doesn't mean it's actually a protection for you".

You find unfamiliar accounts or charges on your credit report.

Texas law allows parents to protect their children from identity theft by freezing their child's credit. After the breach debacle that Equifax went through in 2013, just four years ago, there is no conceivable excuse in the world for this kind of failure to happen again.

Or, the likeliest possibility: nothing at all happens, but in a year when the free term expires, we'll feel compelled to start paying $20 a month to renew Equifax's security blanket or sign up for LifeLock. "If Equifax is genuine about wanting to protect customers, it must remove forced arbitration immediately from TrustedID and any other services offered to victims of the data breach", Sen.

The Equifax leak is a larger and more damaging version of the 2015 Anthem hack that put the sensitive data of 78 million people at risk.

Credit bureaus collect data on how you've repaid debts you've incurred. Hopefully the issue will be resolved or we'll have more clarification.



Related Posts

Billions Of Devices At Risk From Bluetooth Flaws — Blueborne Attacks
Google is patching Android 4.4.4 KitKat and later, leaving fewer than one-in-ten older Android devices without the patches. Armis , which has a commercial stake in the IoT security space, warned that the attack vector can be exploited silently.

LeSean McCoy Injury: Bills RB Leaves Game Holding Wrist
He was 12-of-15 in the first half for 85 yards, with two of the incompletions drops by Matt Forté and the third a throwaway. Buffalo would reopen a more comfortable lead when Taylor hit Andre Holmes for another short, one-yard touchdown.

Philadelphia Eagles at Redskins: Staff predictions
The Redskins had a chance to take the lead with about 12 minutes to go but their third turnover of the day short-circuited things. From his own 34-yard line , Cousins made a hasty 7-yard connection to Jordan Reed and lined up the next play without huddling.

Sen. McConnell says ending United States debt ceiling would be challenging
The as-yet-undrafted bill to overhaul the tax code is the top priority for Trump and Republicans . President Trump has touted a 15% corporate tax rate, which Mnuchin said could be hard to achieve.

Bring it on: Pakistanis all set to welcome cricket back home
The fruitful hosting of this match, gave the PCB enough confidence to schedule the Independence Cup series . The hype around the match is such that tickets for the historic game have been selling like hot cakes.

How to Find Advice on DACA Immigration Process
Many Dreamers are uncertain of their futures as Congress starts the six-month clock on finding a solution. On immigration , Trump is navigating politically tricky waters.

56 in US News college rankings
The Tickle College of Engineering's undergraduate program was ranked No. 34 among public universities and No. 61 in the country. The College of Engineering is ranked 34th among public universities with doctoral programs, up from 41st previous year .

Hurricane Irma lashes Florida Gulf Coast
Florida's largest utility, Florida Power & Light, said western parts of the state might be without electricity until September 22. A tropical storm warning was issued for the first time ever in Atlanta, and school was canceled in communities around the state.

Record flooding in Jacksonville as Georgia braces for epic storm surge
Before slamming into to the United States, Irma hit Cuba late Friday as a Category 5 hurricane . Petersburg metro, Jacksonville, Tallahassee, Thomasville and Valdosta".

Apple's biggest event in years
The tweet also reveals the price of all three variants with base model priced at $999 and top end model priced at $1199. Forbes .com reported the phones will have an enlarged, elongated 5.8-inch display surrounded by reduced black bezels.

© 2015 Stocks News Daily. All Rights reserved.