Equifax Security Breach

By Chris Souza | September 8th, 2017

As you may have heard, Equifax-the country’s largest credit reporting agency – experienced a data breach that exposed the personally identifiable information of as many as 143 million people or approximately 40% of the United States population.

Information such as social security numbers, credit card numbers, birth dates, drivers’ licenses and addresses were exposed and the true breadth of the impact’s breach has yet to be determined. What we do know is there are a number of actions that can be taken to help minimize the impact this breach presents to both your personal and professional sensitive data.

  • Contact the Equifax site or call center to subscribe to their identity monitoring and protection service. equifaxsecurity2017.com (866-447-7559) Please keep in mind that doing so, limits your ability to pursue litigation for any damages associated with this breach.
  • Immediately contact your credit card companies and implement their fraud alert features. This will ensure that your credit card company verify your identity before issuing any credit to your account.
  • Request to freeze your account with the three major credit card bureaus: EquifaxExperianTransUnion. Although it will cost you between $3-$10, it will prevent anyone from opening any new accounts, applying for a job, renting property or buying insurance in your name.
  • Review your personal information and make a habit of it!

What To Expect:

Due to the sheer volume of exposed data, it is highly probable that there will be an increase in Phishing attacks and instances of fraud. Unfortunately, these types of breaches have become commonplace and maintaining awareness is the key to mitigating their impact.  Tasks such as routinely changing your passwords, using multi factor authentication, or providing employees with end user security training are all great steps toward protecting both your personal and professional information.

Stay tuned in the days and week to come as we continues to learn how this breach could impact your company. If you have any questions, please do not hesitate to reach out to us – we’re here to help.

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