Two New York women file suit against Equifax over massive data breach

University data was not part of Equifax data breach; OIS provides useful links

"Every Hawaii resident should take precautions such as placing a freeze on their credit report to reduce any damage likely to occur because of Equifax's massive data breach".

Equifax revealed Friday that their systems were hit with a cyberattack between May and July, affecting 143 million people. The information includes social security numbers, driver's license numbers, birth dates, addresses, credit card numbers, and even more.

The Atlanta-based company, one of three major US credit bureaus, said Thursday that "criminals" exploited a USA website application to access files. Maybe it has something to do with the stock market because according to Bloomberg News Chief Financial Officer John W. Gamble, Joseph M. Loughran III the president of US information solutions, and Rodolfo O. Ploder, the president of workforce solutions apparently sold large amounts of their shares of Equifax stock and totaled in almost $1.8 million in a matter of days after the breach was discovered on July 29.

Credit freezes don't affect your credit score, but they do restrict access to your credit report, which makes it harder for hackers to use your data to open new credit card accounts or take out loans.

You'll be directed to a screen that lists the steps of the process.

Here's how to freeze your credit.

To enroll, go to www.equifaxsecurity2017.com and click on the Check Potential Impact tab. Thanks to the "website application vulnerability" which hackers exploited, personal data about British, Canadian and American consumers are in the hands of God knows who.

What remains to be addressed, is why Equifax used such a flawed security protocol in terms of issuing of credit freeze PINs for more than a decade in the first instance. An alert means a business must verify that you are the person asking for a credit request by calling you, for example.

"Frozen credit files can't be accessed by creditors, which should stop thieves who stole your identity during the breach from taking out a line of credit in your name". The fee is waived in some places for varying conditions, such as if someome has been a victim of identity theft or is on active duty for the military. It's important to remember that while a credit freeze offers powerful protection, and a fraud alert may also be useful, neither is a guarantee.

That might also be the case at Equifax, said DHR's Metzger.

The chairmen of at least two U.S. House committees say they want to hold hearings.

Several state attorneys general have also said they would investigate, including those from New York, Massachusetts and Pennsylvania.

When Equifax came forward with the news last Thursday, it set up a website, equifaxsecurity2017.com, to help consumers find out if their data may have been compromised.

After news of the breach became public, it was revealed that three senior executives at Equifax, including the company's chief financial officer, sold nearly $2 million worth of the company's shares just days after it learned of the hack.

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