|Equifax announces major data breach, it’s estimated to impact 143 million consumers.|
On September 7th, 2017, one of the largest credit agencies, Equifax, announced an epic cyber-security data breach. They believe that approximately 143 million consumers had their social security numbers, birthdates, and addresses stolen by hackers. The breach was discovered on July 29th and is believed to have occurred between mid-May and July.
What should consumers do now?
Moving forward, Equifax has issued an apology and developed a website with information and tools regarding this breach, they are also offering consumers with a free package of credit monitoring and ID protection services.
It’s hard to know how accurate this database is that Equifax set up, take extra measures to protect your credit and assets from fraud.
Review your credit: Many fraud warning signs are first seen through your credit reports and scores.
The breach happened through Equifax, but you can still see an impact on the other two reports if identity theft/fraud has occurred. Don’t forget to check those as well!
If you believe your data has been compromised set up:
This most recent data breach is enormous in size, impacting nearly half of the American population. Breaches are not uncommon and identity theft is prevalent, protect how you use your data and who you share it with.
If you believe you’re the victim of identity theft or that you’re information has been compromised, you’ll thank yourself in the long run for setting up alerts and monitoring your credit. Just make sure you do it before the damage gets out of control.
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