equifax breach what are you doing?

On news last night they said the equifax breach happened weeks ago. 3 executives in equifax sold stock before the breach was released and stock took a dive.

So our personal Info has been out there for weeks. You had no idea the cows have left the barn, your info is out there, what are going to do?

Isn't putting a freeze on your credit is only short term fix?

I was wondering does anyone use Lifelock? Good or bad??
equifax

People's information is out 'there' anyway.My wife used to work for a collection agency they could fined out stuff about people the people themselves probably didn't know.
If any gov't agency,company or any records are being kept on you them assume it's public knowledge and 95% of the time you'll be right.

farmers right!, it's the age of information, when was the last time you bought or sold anything that they didn't at the very least want a phone number. usually want name and last 4 digits of social. it's all out there for the taking.

I agree, it's news hype and lawyers seeing a class action opportunity.

That being said, it is always time to change passwords and be vigilant.

I think the credit protection companies are a scam themselves.

Good news is it was 143 million. You're still a mite on a needle in the haystack.

Every time you make a purchase or make a payment by check or credit or debit card, you are giving the recipient your personal information. Account numbers, expiration dates, and whatever else is included in the transaction. We are totally at the mercy of the honesty of the party that we are doing business with to not abuse that information.
While there are laws to protect us, the bad guys can do a lot of damage before they get caught. It does not matter if your business is conducted on line or in person. If the bad guys want you, they will probably get you.
The upside is that most of us do not have what the bad guys are after - lots of money. After all, who would you rob if you were a thief? A millionaire or a farmer??

It's fake news put out by the right to take your attention away from Fluffy caving to the (D)s.

I had lifelock for a while as a courtesy due to one of these information breaches, and nobody tried to steal my identity.

On the other hand, nobody tried to steal my identity before or after I had lifelock either.

So was it the greatest thing ever or a waste of money? You tell me. I don't know.

A millionaire farmer, perhaps? LOL

Sorry, couldn't resist.

Funny you would post this on this very day. When I got up this morning, there was an email from Norton about this breach. Of course, Norton also [i:c2e163730b]just happens[/i:c2e163730b] to sell subscriptions to Lifelock as well!!

I've found that running in circles while waving my arms and yelling works as well as anything.

My plan is to stay poor and keep my credit cards maxed to the limit!

Whut Any said... I pay for protection thru my bank Its $11 a mo. Techprotect are sum"n like dat... Don't know if its a waist BUT I have never had a problem doing business with my bank...

I have no use for a credit reporting agency, they all the big 3 can go straight to ell...

Has anyone had any luck getting a bad report took off from any of them... NO you are screwed even if you can prove the report is wrong with out a doubt...

I had an Equifax but traded it in for an Essex.

HOBO,
Everyone is overlooking that with all your info, hackers may file for your tax
returns before you do. Good think I always owe the government.

What gets me is those executives knowing about the breach and selling off before the stock nosedived. That should be some sort of crime in my book.

I just am doing the free thing equifax is offering. Honestly don't know much of the details. A full freeze is a PIA if you use credit on new accounts at all and frankly I'd rather deal with the problem than prevent it based on the probability of it happening. This is a farily significant breach, even by my lax standards. Don't be fooled into thinking this is the same as swiping a credit card or giving your phone number. It's the entire identifying information packet that was released. It's easy to blame technology, but back in the good old days you could just walk into an unknown town and make up your story.....

Interesting note above about credit collection agencies. I used to work at a car dealership and the one time I know of that we caught someone using fake information was a lady who worked at a credit collection agency who found someone with usable credit who shared a name with herself. Red flags worked and we alerted authorities and that was that.

This isn't fake news, if anything the news is dropping the ball on this.

1. This isn't the wow, there is a lot of stuff about me on the Internet, it is the hey they have my tax return level of information about me. This is a case of "I have this information about you and can totally take over your life", level of information. I am friends with someone who works for the government and when they had their data breech that is what happed to him. Lots and lots of fake credit cards and accounts in his name. It took a very long time and a LOT of work to try and prove that it wasn't him that did it. How are you going to prove that you didn't open that credit card account? You can say well I am in Utah and that account was opened in New York. Yea but the companies out money are going to say "that is probably just you trying to make some money fraudulently or trying to bail on paying your bills". Everything you can produce to show you are you, the bad guy did as well. Identity theft is a serious matter.

2. They found out about this in July and we are just now hearing about this.

3. The website to check if your information was compromised has an arbitration clause in the information. There are some serious debates what that means legally. The wording is such right now that if you go and check your information status you might be waiving all of your rights to legal action.

4. This is a company that you don't choose to do business with but they have all of your information. By this I mean this isn't a bank you have chosen or a credit card you picked, this private business has your information and if you are not on a 100% cash lifestyle (and I mean 100% of your entire life) then you possibly are just screwed.

5. They are trying to make money off of the data breech. They will give you a year of credit protection but by signing up then you are going to have to cancel in the future because then they start billing you.

What can be done? Well you really have 3 options.

1. Monitor your credit like a hawk yourself. Make sure no new accounts get opened up.

2. Pay for a credit monitoring service. Personally I don't think I would use the one that is part of the company that just dropped the ball so seriously.

3. Lock your credit. You can have all 3 of the credit companies lock your account so that no amount of information will let you open a new account. Now this might not be for you if you are going to be buying something through financing or opening new credit card accounts. You can pay a small fee and get them unlocked, but that is a lot of work if you are going to be locking and unlocking it all of the time. This works better for more established people who are buying things and not financing or people who have their major purchases completed (not buying a home or car or financed thing or planning on opening a new line of credit.)


On second thought I think this is fake news. The major news organizations from MSNBC to FOX get it so laughably wrong when it comes to tech or are so late to the game it is too late. It can't be real news, at what point is the attempt so lame and inept that it is fake.

The sports equivalent of this is if the news organizations were just reporting who won the 2014 Super Bowl and had the score and winner wrong. Some of them didn't even have the correct teams playing.

The really sad thing is I am going to be reading about the details of this and it is going to come down to either (and they almost always come down to this) the IT department screaming there is an issue and some suit saying "Things are fine we don't want to spend the money on security upgrades, I would rather use it for us to all go drinking and golfing.". Or someone was clicking on things they shouldn't have, got a malicious link which put some bad software on their PC and that is how the bad guys got in. Though it also normally involves some pretty lame security measures going on inside the company. Best practices from 10-15 years ago kind of thing.

In my world that company would possibly be looking at being dismantled and the executives looking at possibly some hard core jail time for something so egregious. And I am not talking the country club jails either, I am talking general population in the normal federal institutions.

(quoted from post at 06:23:47 09/10/17)
What gets me is those executives knowing about the breach and selling off before the stock nosedived. That should be some sort of crime in my book.

Click to expand...

That is the very definition of insider trading.