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.

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Saturday, 18 November 2017
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 Cloud Technology Privacy Email Malware Hackers Business Computing Microsoft Hosted Solutions Internet Software Ransomware Network Security Computer IT Services Windows Google Windows 10 Backup Business Smartphone Innovation Data Management Android Data App Hardware Small Business Business Continuity IT Support Tip of the week Browser Internet of Things Remote Monitoring Cloud Computing Managed IT Services Saving Money User Tips Productivity Phishing Mobile Devices Office 365 Big Data Smartphones Robot Google Drive Facebook Upgrade Word Productivity Efficiency Risk Management Cybersecurity Data storage Artificial Intelligence IT Support Settings Outsourced IT Data Recovery Gmail Office Tips Disaster Recovery Computing Passwords Telephone Systems Alert Vulnerability LiFi Managed Service Provider End of Support Administration Content Filtering IT Management Employer-Employee Relationship Virtual Private Network Analytics Microsoft Office Money Network Encryption Outlook Unified Threat Management Monitors Save Money Antivirus Managed IT Services Chrome Mouse Hosted Solution Maintenance Server Miscellaneous Workplace Tips Apple YouTube SaaS Social Media communications Mobile Device Windows 10 Sports Shortcut Unified Communications WannaCry Google Maps Customer Service Superfish Two-factor Authentication The Internet of Things Office Vendor Management Operating System Patch Management Data loss Customer Relationship Management VoIP Scam Social Multi-Factor Security Information Technology Heating/Cooling WiFi desktop Cybercrime Social Engineering Marketing Politics Best Practice Digital Firewall Collaboration Networking Google Calendar Samsung Servers Safety Spyware Google Docs VPN File Sharing Network Congestion Data Security Hacks Legislation Google Wallet Server Management IT solutions Solid State Drive Websites Business Growth Password Quick Tips Computers Techology Tablet Drones Statistics Hard Disk Drive Running Cable Buisness Mail Merge Hacker VoIP Virtual Desktop Cabling Display Unified Threat Management Government Bluetooth Laptop How To Address Alt Codes Deep Learning Avoiding Downtime Infrastructure User Error BYOD Budget Spam Firefox Downtime Digital Payment Humor Data Backup Typing Bring Your Own Device Printer Current Events Time Management Disaster Automation Gadgets Search Virtual Reality Emergency Cryptocurrency Access Control Going Green Network Management Bandwidth Uninterrupted Power Supply Communication Computer Care Users Apps IBM Halloween Wireless Storage Business Technology Bitcoin SharePoint Printing Touchscreen Education Writing Scary Stories Training Legal Managed IT Corporate Profile Website Automobile Dark Data Lenovo Windows 8 Downloads Dell Retail Staffing Mobile Data Recovery Administrator Processors what was your? Web Server GPS Holiday Chromebook Business Management Cameras Tracking Physical Security Emoji CCTV Document Management Personal Information Tech Support Cortana Notifications Identity Theft Wi-Fi Virtualization Travel G Suite Crowdsourcing CrashOverride Supercomputer Computer Repair Botnet Mobile Device Management Motion Sickness Taxes How To Comparison IT Budget Health Machine Learning Mobile Computing Black Market IT Consultant Specifications Electronic Medical Records Relocation Twitter Meetings Cleaning Upgrades Black Friday Work/Life Balance Private Cloud Remote Computing Webcam 3D Printing Cyber Monday Law Enforcement Error Ben McDonald shares Point of Sale Unsupported Software Gadget Update Paperless Office

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