Don't Give a "One and Done" to the Equifax Breach

Reblogger Jeff Dowler
Real Estate Agent with Solutions Real Estate CalBRE License #01490977

Most know about the serious Equifax breach that occurred recently.

 

But as Gene so aptly points out, this is NOT something you can just deal with now, by checking accounts, breathing a sigh of relief when all looks well, and then forgetting about it. You need to worry about the future.

 

Read on for some really good suggestions.

 

Don't Give a "One and Done" to the Equifax Breach

 

By now, you've probably heard and seen multiple articles regarding the recent Equifax breach of security.  I myself have written and addressed this breach in an earlier post.

 

You may believe you've seen and absorbed all the details and instructions surrounding this breach.  And that you've taken the necessary steps to check your credit and finances in order to either repair your compromised credit or further protect yourself.  


That may or may not be true.  Are you willing to take that gamble?  

Seemingly, many are ...  

 

I say that because, as I've continued to read comments left on my post and others' concerning this breach, one thing has become abundantly and alarmingly clear.  


Too many people incorrectly believe that this notice of the Equifax breach requires a "one and done" reaction.  Too many assume that if they check their credit and finances now ... and find no current signs of problems ... that they are in the clear.  That they can breathe a sigh of relief.  

Sadly, that's not true.

Stolen private and financial information can have a long and indefinite shelf life in the resale scam market.  Just because a breach of your credit and finances has not reared its ugly head yet today ... does not mean it won't do so at some point in the future.  

As offered in my previous post regarding this breach ...  

You should react to this Equifax breach assuming the worst.  And that's both in the short and long term.  

You should proactively continue to take measures to protect yourself, your finances, and your credit history/credit scores moving forward ... no matter what your credit inquiries find right now.  Consistent timely monitoring is called for.

Adopt this mindset.  Make it your routine.  You'll be better protected and prepared should any issues arise in the future.

If you've found that you've already been compromised as a result of this Equifax breach, take action quickly.  Following are some of the actions you should take:

  • Contact your bank/financial institution(s).  Cancel credit and debit cards immediately.
  • Consider closing your Checking Account(s).  Reopen a new one.     
  • Change Account Passwords.  
  • Change Account Security Questions.
  • Consider placing a fraud alert or credit freeze.  Educate yourself thoroughly prior to taking action.
  • Go to annualcreditreport.com for a free credit report.  Review it thoroughly.  
  • Go to IdentityTheft.gov or call 1-877-438-4338 to report the compromise.
  • Contact any businesses where bogus accounts were opened.  Ask that account(s) be closed.  
  • If your Driver's License has been stolen:  Find your nearest motor vehicles office at usa.gov/Motor-Vehicle-Services. File a Report.
  • Don't overlook checking these types of accounts too:  Student Loans, Utilities, Cell Services, Retirement Accounts, Investment Accounts, etc. 

I can't stress these very important points strongly enough:  

  1. If you suffered stolen info/data:  Keep detailed accountings of any actions you take to address issues that arise.  
  2. Always request that letters/written proof of your request(s) and confirmation of account closings be forwarded to you.  
  3. Follow-up on communications and requests until they're acknowledged/received.  Having this written proof in your possession can save you time and frustration in the future.
  4. Continue to monitor your personal information, credit, credit report, accounts, and finances on a consistent basis in the future.  

Those intending to do harm using stolen personal and financial information can and will try to do so indefinitely.  This is NOT a "one and done" call to action.

 

Stay vigilant from this point forward.  Take measures to protect yourself from the havoc that may result from the Equifax breach or any others that might occur in the future. 

 

*  Hoping to Buy or Refinance a home in the Chicagoland area?  Contact Me!  I'll put my 40 years at 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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Lending / Financial
Groups:
Certified Residential Specialists
SAN DIEGO Real Estate Agents & Loan Officers
San Diego Realtors®
Tags:
identity theft
equifax
jeff dowler
cyberhacking

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,557,701
Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
Get Results Team...Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thanks for a great re-blog Jeff, it's affecting so many people.

Sep 12, 2017 10:35 PM #1
Rainmaker
988,329
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

I'm wondering if my recent issue with my checking account is related to this. We do need to be constantly vigilant.

Sep 13, 2017 03:36 AM #2
Rainmaker
53,067
Desare Kohn-Laski Skye Louis Realty
Skye Louis Realty - Coconut Creek, FL
Residential Real Estate

What a great reminder to always check, recheck, and double check our information. Great tips, and for online accounts, the passwords and e-pins should be changed regularly.

Sep 13, 2017 03:48 AM #3
Rainmaker
371,571
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

Nice choice for a reblog. Our information could be floating around for years or decades.

Sep 13, 2017 03:49 AM #4
Ambassador
1,100,015
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

AMEX, Discover, and Chase cards give you monthly updates and I check all three every month.

Sep 13, 2017 11:02 AM #5
Rainmaker
275,389
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

This should  be reblogged monthly Jeff Dowler 

Sep 14, 2017 09:05 PM #6
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
3,209,064

Jeff Dowler

The Southern California Relocation Dude - Carlsbad
What's my Carlsbad CA Area Home Worth??
*
*
*
*
Spam prevention

Additional Information