15 September, 2017
Be sure to periodically review the credit report, and always review it again before making an application for credit on a big purchase.Rutledge reminds Arkansans that the Attorney General's office has routinely referred individuals to one of three national credit bureaus, including Equifax, when they have fallen victim to identity theft. Equifax said it discovered the breach on July 29 and that it had been occurring since mid-May.
In an unusual move, the Federal Trade Commission confirmed on Thursday that it has opened a probe into the Equifax debacle, which may have compromised the personal information of as many as 143 million Americans.
UPDATED: The Federal Trade Commission (FTC) has opened an investigation into the data breach.
'Equifax has been intensely investigating the scope of the intrusion with the assistance of a leading, independent cybersecurity firm to determine what information was accessed and who has been impacted, ' company officials wrote in a statement yesterday.
The program required members to register their personal information such as credit cards, banking information and email address, with the option of providing a social insurance number. In announcing the incident on September 7, Equifax initially blamed a "website application" that it didn't identify.More news: Facebook says it sold political ads to fake Russian Federation accounts
Senate Democratic Leader Chuck Schumer also compared Equifax to Enron, a US energy company that was consumed in scandal after revealing in 2001 that it engaged in widespread accounting fraud. Accounts or activity that you don't recognize could indicate identity theft.
But the company has not provided further details, including how many Canadians may have been exposed. The FTC says that Equifax does not randomly call customers. An emailed statement from the credit-monitoring agency said the executives "had no knowledge" of the breach beforehand.
Maura Healey, the attorney general of MA, said this week she intends to file the first state lawsuit against Equifax over the breach. "Everyone is going to have to take control of their own personal and financial data by being more diligent and working harder to protect themselves, their information, and their money". It doesn't take a security expert to know that's a bad idea.
The data collected by the cyber-thieves contained a trove private information including names, birth dates, Social Security numbers, addresses and driver's licenses of consumers.