Important Information Regarding the Equifax Breach

The recent Equifax data breach has a lot of people wondering what steps they can take to protect themselves.

UW-Extension has compiled the following fact-based information about the data breach and what you can do.

  • Equifax has posted information about the data breach and the one-year free credit monitoring at: www.equifaxsecurity2017.com.
  • The Federal Trade Commission provides additional background information and links to relevant websites. You can access those by clicking here. According to the FTC:  “The arbitration clause and class action waiver included in the TrustedID Premier Terms of Use applies to the free credit file monitoring and identity theft protection products, and not the cybersecurity incident.” This means that if the free monitoring fails to notice that someone fraudulently opens up a new line of credit under your name, you cannot sue the monitoring service but you can go to arbitration. Consumers still have the right to sue or join a lawsuit regarding the data breach.
  • For additional resources about placing a 90-day fraud alert or a credit freeze on your own credit report, visit the UW-Extension website.

No one will pay attention to your own credit report like you will! For more information about getting or reading your free report, check out the UW-Extension website: https://fyi.uwex.edu/creditreport.

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