Unfortunately, more than 143 million consumers across the country may be affected by a new data breach from Equifax. More than 200,000 credit card numbers may have been compromised in a recent data breach exposure and outside attackers may have been able to capture birth dates, social security numbers, driver’s license numbers and addresses, for the purposes of perpetrating financial fraud.
Although the news for consumers about the breach only came out recently, a July 29th communication inside the company indicates that they discovered the cyber security incident at that point. No explanation was provided as far as the 10-week delay between informing victims about the breach and how to handle the situation. Immediately after the Equifax data breach was uncovered, three of their most senior executives released nearly $2 million in company stock.
Consumers have been confused about how to handle this situation, given that they don’t know where their private details could have gone into cyberspace. If you believe that you may have been affected by the Equifax data breach, you can learn more about what to do next by checking out this website online.
The data breach could lead to someone opening a line of credit in your name and it could be weeks or months before you know about it. Stay on top of your credit reports and contact the credit reporting agencies in the event that you notice something suspicious. Taking action sooner rather than later will give you a better chance of dealing with these problems.
The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney/client relationship. If you are seeking legal advice, please contact our law firm directly.