Bredy Network Management Corporation Blogs

BNMC has been serving the Andover area since 1988, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

ALERT: Equifax Data Breach Potentially Exposes 44 Percent of All Americans

ALERT: Equifax Data Breach Potentially Exposes 44 Percent of All Americans

In case you haven’t heard, the credit bureau, Equifax, has suffered a data breach that may have exposed the records of 143 million Americans.

On July 29th, it was discovered that cybercriminals had “exploited a U.S. website application vulnerability to gain access to certain files,” according to the company. In the statement released on August 7th announcing the breach, Equifax reported that those responsible had managed to access information including names, birth dates, addresses, Social Security and Driver's license numbers. 209,000 people also lost their credit card information, and dispute documents with personally identifiable information were accessed affecting another 182,000 people.

The scope of this attack is staggering, especially considering that the total population of the United States is estimated by the Census Bureau to be 324 million adults. A quick calculation tells us that the 143 million potentially affected makes up a full 44 percent of the country’s total adult population.

As if this situation isn’t bad enough for Equifax, the activities of some of the company leadership are also being called into question. Chief Financial Officer John Gamble Jr., U.S. Information Solutions President Joseph Loughran, and Workforce Solutions President Rodolfo Ploder sold almost $2 million in company shares mere days after the breach was uncovered. While it is not yet clear if the breach and these sales are connected, Equifax has released a statement stating that the men had no knowledge of the intrusion when the sales were made.

The company’s stocks fell by more than 12 percent shortly afterward.

Equifax is currently working with state and federal authorities, including the FBI, and is actively alerting those whose information was accessed through the mail. We suggest that you keep an eye on your mailbox in case you have been breached.

There are plenty of websites and services, including one from Equifax, dedicated to determining whether or not your personal information was accessed--all you have to do is give these sites and services access to your personal information. In light of what has happened, we do not recommend taking this route. Instead, you should be careful to monitor your own financial information and to report any oddities to the proper authorities.

You may also be tempted to enroll in an identity protection service. Equifax themselves are offering a free year of monitoring from their service, called TrustedID. However, there have been reports that enrolling in this service will leave you ineligible to participate in a class action lawsuit against Equifax. If you decide to enroll, make sure you understand all of the fine print. Otherwise, you should make sure to go through and change your passwords and watch your credit statements for suspicious activity. This is especially true if you utilized any of Equifax’s business services, as your business could be affected as well.

If you suspect that your information was stolen, the Federal Trade Commission offers a helpful guide to determining if that is the case. If so, you need to report it to the Federal Trade Commission as well as place a fraud alert on your credit report.



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Monday, 19 March 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Subscribe to Our Blog!

Mobile? Grab this Article!

Qr Code

Tag Cloud

Security Tip of the Week Best Practices Technology Cloud Email Privacy Malware Hackers Software Business Computing Internet Microsoft Hosted Solutions Ransomware Network Security Android IT Services Business Google Computer Backup Smartphone Windows Mobile Devices Innovation Data Management Small Business Windows 10 Browser Internet of Things Cloud Computing App Data Hardware Artificial Intelligence Encryption Server Business Continuity IT Support Business Management Smartphones Managed Service Provider Efficiency Data Recovery Saving Money Managed IT Services User Tips Tip of the week Productivity Outsourced IT Phishing Remote Monitoring Gmail Office 365 Big Data Antivirus Robot Facebook Google Drive Word Upgrade Productivity Risk Management Cybersecurity Windows 10 Data storage IT Support Money Infrastructure Chrome Settings Vulnerability Communication IT Management Office Tips Holiday Data loss Passwords Computing Telephone Systems Alert LiFi Firewall Data Backup Administration HIPAA Content Filtering End of Support Mobile Security Analytics Employer-Employee Relationship Business Technology Microsoft Office Government Network Unified Threat Management BYOD Outlook Managed IT Services Two-factor Authentication Monitors Scam Save Money Hosted Solution Maintenance Automation Bandwidth Mouse Workplace Tips Virtual Reality Miscellaneous VPN YouTube Apple Data Security Server Management SaaS communications Storage Social Media Mobile Device Virtual Private Network Disaster Recovery The Internet of Things Augmented Reality Unified Threat Management VoIP Comparison Bluetooth Customer Service VoIP Permissions Address Office Avoiding Downtime Vendor Management WiFi Operating System Cybercrime desktop Wearable Technology User Error Specifications Politics Social Digital Marketing Information Technology Fraud Collaboration Social Engineering Samsung Time Management Best Practice Printer Document Management Black Friday Tech Support Search Spyware File Sharing Emergency Safety Network Management IT solutions Google Docs Solid State Drive Applications Access Control Identity Theft Cyber Monday Websites Network Congestion Hacks Google Wallet Hotspot Touchscreen Wi-Fi Running Cable Business Growth Hard Disk Drive IT Technicians SharePoint Smart Technology Managed IT Computers Buisness Password Virtual Desktop Drones Cabling Language Lenovo Laptop Hacker Mirgation Downloads Distributed Denial of Service Shortcut Deep Learning Display How To Computing Infrastructure Superfish Spam Alt Codes Chatbots Digital Payment Managed IT Service Patch Management Bring Your Own Device Downtime Firefox Budget Disaster Alerts Customer Relationship Management Heating/Cooling Humor Typing Identity Gadgets Multi-Factor Security Break Fix Current Events Uninterrupted Power Supply Licensing Networking Servers Apps Halloween Cryptocurrency IBM Tech Term Users Computer Care Google Calendar Wireless Dark Web Remote Computing Going Green Education Cooperation Scary Stories Bitcoin Corporate Profile Compliance Training Legislation Microsoft Excel Automobile Writing Website Printing Legal Dell Staff Paperless Office Techology Quick Tips Statistics Unified Communications Dark Data Sports Windows 8 WannaCry Regulations Tablet Google Maps Blockchain Mail Merge Retail Mobile Data what was your? Web Server Processors Recovery GPS Cameras Tracking Chromebook Physical Security CCTV Emoji Notifications Personal Information Cortana Travel Crowdsourcing G Suite Supercomputer Botnet Virtualization CrashOverride Motion Sickness Computer Repair Taxes IT Budget Machine Learning Mobile Device Management How To Health IT Consultant Relocation Black Market Mobile Computing Meetings Work/Life Balance Electronic Medical Records Cleaning Private Cloud Twitter Webcam Upgrades Law Enforcement Error Ben McDonald shares Point of Sale 3D Printing Gadget Unsupported Software Update Staffing Administrator

Sign up for our Newsletter!

  • Company Name *
  • First Name *
  • Last Name *

      What Our Clients Say

      • BNMC has provided us with nothing less than outstanding service and results for all of our IT needs for the past few years. Every member of their staff is professional, knowledgeable, friendly and eager to solve any problem...
      • 1
      • 2
      • 3