The Equifax Security Breach: Assume the Worst

Reblogger Nina Hollander
Real Estate Agent with RE/MAX Executive | Charlotte, NC
http://actvra.in/56Z9

 

If you haven't yet heard about the Equifax security breach, you need to start paying attention and start taking measures to protect yourselves. Sensitive information, including social security numbers, credit card numbers, birthdates, etc. has been compromised for some 140+ million people. There's a 50/50 chance your information was compromised. Equifax has known about this breach since July without notifying anyone. It's critical to start mitigating any compromise of your data now.

 

The post below from Gene Mundt, one of Chicago area's top mortgage lenders, provides great information on steps that you can take to protect your credit. Do it today! Don't wait until tomorrow!

 

The Equifax Security Breach: 
Assume the Worst


Typically, making assumptions is not good.  In the case of the Equifax security breach discovered on July 29, 2017?  Just the opposite is true. 

Yep, you read that right ...

 

ASSUME the worst and proactively take measures to protect yourself, your finances, and your credit history/credit scores.  Don't wait for confirmation yea or nay.  

 

With this recent breach of security at Equifax being so large (an estimated 143 million people are affected), chances are good that you will be receiving notification soon, as that number represents a whopping 50+% of the population.

 



The information/data stolen during this breach include:

  • Birth Dates
  • Social Security Numbers
  • Addresses
  • Driver's Licenses (on a small number of consumers)
  • Personal Identification Info (on approximately 182,000 consumers pursuing credit report disputes)
  • Credit Card Numbers (on approximately 209,000 people)


Note:  Equifax will be direct mailing an alert to only those consumers that:

  • Had their credit card numbers stolen
  • Were involved in credit disputes at the time of the breach

So again, act proactively in protecting yourself.  Do not wait for confirmation in any form from Equifax.

 
Presently, Equifax is suggesting that you visit their website to see if you've been affected by this breach ... and to sign-up for their credit monitoring service.  But as of this writing, the advantages of signing-up are unclear or small, at best.
 
The Equifax credit monitoring service does not become available until next week on Monday (9/11).  And there is conflicting advice as to the use of this service.  So make sure you thoroughly educate yourself to the pros and cons of the Equifax credit monitoring service ... or any other service (or action) you might take regarding this matter.  
 
Fraud Alerts and "Freezing" your credit are two such options.  (Definition of Credit Monitoring) Do your homework regarding each prior to taking action of any kind. 
 
What can you do on your own immediately to protect yourself?
 
  • Pull your Credit at:  www.AnnualCreditReport.com.  Make this routine!
  • Review/monitor your Credit Card Account Statements often and consistently
  • Review/monitor your Bank Account Statements often and consistently
  • You can also request your FREE copy of your Credit Report from each of the 3 main Credit Bureaus:  TransUnion, Experian, Equifax.  Continue to do this on a routine/timely basis.
  • When filing Taxes:    File early before any scammer in possession of your Social Security Number does it
  • Respond immediately to letters/communications received from the IRS
  • Respond immediately to letters'communications received from banks, credit card companies, etc. 
 
I can't stress the importance of taking these actions strongly enough.  Act proactively to protect yourself regarding any personal information or data of yours that may have been stolen in this breach.
 
Make it part of your routine to monitor all your accounts on a timely, consistent basis.  Pull your free credit report as they become available to you.  Seek ... ask questions.
 
If you think you have suffered fraud:  Take action quickly.  Report it.  Don't assume anyone besides yourself will take responsibility for, address, or correct the issues that arise from this breach.  
 
The more quickly you act, the more quickly the problem is remedied ... 
 
*  Hoping to Buy or Refinance a home in the Chicagoland Area?  Contact Me!  I'll put my 40 years of mortgage experience and expertise hard to work on your behalf. 
I'm easily found at:
 
Gene Mundt
Mortgage Originator - NMLS #216987 - IL Lic. #031.0006220 - WI License 216987
 
American Portfolio Mortgage Corp.
NMLS #175656
 
 
Direct: 815.524.2280
Cell or Text: 708.921.6331
eFax: 815.524.2281
 
 

  

 Twitter Account of Gene Mundt, Mortgage Lender   LinkedIn Account of Gene Mundt, Mortgage Lender   Facebook Acct. of Gene Mundt, Mortgage Lender   Pinterest Acct. of Gene Mundt, Mortgage Lender   

   Gene's Chicagoland Blog/Gene Mundt, Mortgage Lender  

    

 

Gene Mundt

 Mortgage Originator  -  NMLS #216987    

                                   IL Lic. #0006220  -  WI License                                                                                                     

NMLS #175656

 

Gene Mundt, Mortgage Originator,  40+ years of #mortgage experience, will offer you exemplary mortgage service and advice when seeking:  #Conventional, #FHA, #VA, #Jumbo, #USDA, and Portfolio Loans in #Chicago and the greater Chicagoland region, including:  The #Lincoln-Way Area, #Will County, (#New Lenox, #Frankfort, #Mokena, #Manhattan, #Joliet, #Shorewood, #Crest Hill, #Plainfield, #Bolingbrook, #Romeoville, #Naperville, #Wilmington, #Peotone, etc.), #DuPage County, the City of Chicago, #Cook County, and elsewhere within IL and Wisconsin. 

 

Your Referrals & Testimonials are Always Greatly Appreciated! 

 

Email Me .. to be added to my Mortgage & Real Estate Newsletter

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Re-Blogged By Re-Blogged At
Topic:
Lending / Financial
Location:
North Carolina
Tags:
equifax
equifax security breach
protect your credit from security breaches
what to do to mitigate the equifax security breach

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Rainmaker
2,208,299
Rebecca Gaujot
Perry Wellington Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Nina, this is so scary. I will be freezing my accounts.

Sep 09, 2017 09:32 PM #11
Rainmaker
2,391,253
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina, my problem with this issue that Equifax had is that they did not disclose, then to boot they are putting the pressure on the 143 plus million people instead of them automatically freezing every one's account to protect them...but what do I know, Endre

Sep 09, 2017 09:40 PM #12
Rainmaker
2,151,315
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Nina.

I already checked, because of my minimal income (I guess) my information was not effected... 

Sep 10, 2017 02:14 AM #13
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Endre Barath, Jr. ~ good morning, Endre.... your reaction is exactly what mine was. Those people need to be thrown in the pokey, if you ask me. And I think there are many of us who are thinking that.

Sep 10, 2017 03:36 AM #14
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

James Dray ~ hi James.... I'm not sure how these hackers get our info that they pay attention to income. I think we are all vulnerable and I get particularly concerned when it's my social security number that might be compromised.

Sep 10, 2017 03:37 AM #15
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Rebecca Gaujot ~ hi Rebecca... there are those who say we should always keep our accounts frozen unless there's a reason to unfreeze them, but these days it's hard to determine what the best course of action is to protect ourselves in general.

Sep 10, 2017 03:38 AM #16
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Paul S. Henderson, CRS, REALTOR®, ~ hi Paul... that's good news, but in your shoes I'd probably check again a few times just to make certain. (Not too paranoid, am I?)

Sep 10, 2017 03:39 AM #17
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Sybil Campbell ~ hi Sybil... we do live in scary times in this regard. I've always felt that a Lifelock type of service couldn't hurt.

Sep 10, 2017 03:39 AM #18
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

George Souto ~ no kidding, George! Equifax management needs to be held in account for this, if you ask me.

Sep 10, 2017 03:40 AM #19
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Sheri Sperry - MCNE® ~ hi Sheri... we've had credit cards changed regularly, as well, over the years. What is so egregious here is that Equifax management knew this had happened and stayed silent for going on six weeks leaving millions totally vulnerable.

Sep 10, 2017 03:42 AM #20
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Kathleen Daniels ~ as George Souto said,  this has a potential for financial disaster the likes of which we've not yet seen. And I agree with him. It's always my social security number I worry about, especially since I'm on Medicare and already get a partial pension.

Sep 10, 2017 03:43 AM #21
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Wanda Kubat-Nerdin ~ hi Wanda... now that is something I had not yet heard that executives sold their Equifax stock... if that isn't insider trading I don't know what is. I would kill to be on a jury in this court case, which I believe is coming.

Sep 10, 2017 03:44 AM #22
Rainmaker
3,086,799
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, I wanted to reblog this also this morning.  This is so important and will affect so many.  

Sep 10, 2017 05:31 AM #23
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Joan Cox ~ good morning, Joan... I don't think this can be reblogged enough. I also pushed it through my social media and lots of people commented that this was the first they heard of the issue.

Sep 10, 2017 05:34 AM #24
Rainmaker
513,089
Richard Bazinet /MBA, CRS, ABR
AZuRE Team - Realty ONE Group - Scottsdale, AZ
Phoenix Scottsdale Real Estate

Thanks Nina. This breach is just totally outrageous. Everyone should be checking their individual situation and take action RIGHT NOW.

Sep 10, 2017 07:39 AM #25
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Richard Bazinet /MBA, CRS, ABR ~ hi Richard, and then I heard earlier today that Equifax exectutives were selling their stock ahead of this announcement. Don't know if it's true, but that kind of insider trading would not surprise me in the least given their lack of honesty in notifying 140+ million people of the breach.

Sep 10, 2017 07:44 AM #26
Rainmaker
513,089
Richard Bazinet /MBA, CRS, ABR
AZuRE Team - Realty ONE Group - Scottsdale, AZ
Phoenix Scottsdale Real Estate

I read this as well Nina Hollander about this insider trading. Insult to injury if you ask me, executives profiting from the disaster of their own failed corporate and good citizenship responsibilities. I think it's criminal and looks like (I hope) the securities commission will be looking into this.

Sep 10, 2017 07:55 AM #27
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Richard Bazinet /MBA, CRS, ABR ~ I keep hoping, Richard, that one of these days there will be a price to pay by companies like this.

Sep 10, 2017 10:51 AM #28
Rainmaker
1,085,041
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Thanks so much for sharing this info with your viewers, Nina Hollander ... hoping that all understand the severity of the issue and take action immediately. Monitoring of our credit is a good habit to get into, whether confirmed hacking took place or not ...

Gene

Sep 13, 2017 01:39 PM #29
Rainmaker
1,970,019
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi ~ hi Gene... such a critical subject, especially right now. How could I not share?

Sep 16, 2017 04:50 AM #30
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