AG offers updated information regarding the Equifax breach

What happened: On Sept. 7, Equifax announced a cybersecurity breach that it says affected about 143 million American consumers, as well as an undisclosed number of people in Canada and the U.K. Equifax said criminals "exploited a US website application vulnerability" to gain access to certain files.

Early 2017 monitoring of now-defunct Deep Web markets shows that Experian and TransUnion might also be compromised, meaning the Equifax breach may not be the last data broker compromised this year, Mr. Scott said. What is certain, however, is that the breach exposed the personal data of as many as 143 million Americans. "We have seen links that are extremely similar to the legitimate Equifax link-some that are off by just one number-so we want to prevent consumers from having more damage done to their personal information".

Equifax said Tuesday that approximately 100,000 Canadian consumers may have had personal information breached, including names, addresses, social insurance numbers and in some cases credit card numbers. The company said there's no evidence that the TALX breach, which happened between March and April this year, and the wider breach are related. "The chances are much better than 50 percent". With a credit freeze, no third party can access your credit report until the freeze is lifted. "Buried in the terms of service is language that bars those who enroll in the Equifax checker program from participating in any class-action lawsuits that may arise from the incident".

In some ways, straightforward credit card fraud is the least frightening.

"Worse, because Equifax delayed disclosure and botched incident response, consumers are severely unprepared for the onslaught of social engineering campaigns and exploitative attacks that cybercriminals and techno-mercenaries are preparing to launch", he said. In the intervening period, multiple Equifax executives sold stock in the company, prompting an investigation from U.S. regulators over whether or not they were committing insider trading. Once the breach was disclosed on September 7, the shares sank. Check your credit report every four months or so. Americans deserve a clean slate.

New York Gov. Andrew Cuomo is proposing new state regulations for credit reporting agencies. That's because the credit card companies have gotten very good at flagging charges that are out of the ordinary in any way, and those charges can be reversed when you respond quickly. Why should big corporations and financial executives not be punished in the same harsh manner for negligence and financial crimes? If you're contacted by a scammer, file a complaint. Please note that the Ohio Attorney General recommends checking your credit reports first, and then contacting the Ohio Attorney General's Office only if your information appears to have been misused.

Our credit scores determine whether we will be allowed to buy a auto, a home or even that new, more expensive iPhone.

I recognize that much of what I propose is now impractical considering the corporate ownership of Congress.

Check credit reports via Equifax, Experian and TransUnion by visiting www.annualcreditreport.com/index.action. There is no charge to place or remove a fraud alert.

Ohio Attorney General Mike DeWine offered updated information for consumers following the recent announcement by Equifax of a major data breach affecting over 5 million Ohioans.

  • Zachary Reyes