Shame on you Equifax….

Equifax is one of three major credit-checking companies that holds sensitive data belonging to over 140 million Americans and they have now been HACKED! Making this the worst security breaches in American history. If this wasn’t bad enough they knew this happened on July 29th and hid the information until September 7. But thats not all! Three senior executives dumped off 2 million dollars worth of stock days after learning about the breach in late July. Their stock has dropped 13.82% as of closing on Friday.

Equifax announced late Thursday that it had suffered a breach:

  • Potentially affecting 143 million U.S. consumers. (For perspective, the entire U.S. population in July 2016 was roughly 323 million, according to Census Bureau data)
  • Exposed data includes: Names, Social Security numbers, birth dates, addresses, and in some cases, driver’s license numbers,
  • Equifax said the breach also compromised credit card numbers for 209,000 consumers, and dispute documents with personal identifying information for 182,000 consumers.

To check to see if your information is at risk some steps you should take are:

  • Print off your free credit report at https://www.annualcreditreport.com/index.action
  • Check your credit card, and bank statements for any unusual activity, new opened accounts, and for any new information available regarding protecting your identity.

For additional information take a look at these articles:

 

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