On Tuesday, the MA attorney general moved to sue Equifax, alleging that the company ignored cyber vulnerabilities that allowed hackers to access consumers' personal information. Information on birth dates, social security numbers, and addresses, was taken amid the episode.
Bob Gates wasn't going to take the news that his credit report was compromised lying down, so he ordered a credit freeze.
Although the firm's United Kingdom systems weren't affected by the breach, United Kingdom customer data stored on U.S. systems between 2011 and 2016 "may have potentially been accessed". "While Minnesota law does not allow the Commerce Department to regulate Equifax, we are advising the financial institutions we do oversee to be vigilant by taking appropriate additional measures to protect their customers' accounts and prevent any fraudulent activity due to the Equifax breach".
Canadian consumers were referred to a credit monitoring website similar to the website set up for those impacted in the U.S. "Consumers, who are at absolutely no fault in this situation, should not have to pay anyone especially Equifax to either monitor or to freeze their credit", said Jackley.More news: Herrera closing in on new Manchester United deal
-For your questions about identity theft or other types of fraud, call the AARP Fraud Watch Helpline at 1-877-908-3360 to talk to one of our trained volunteers.
"For impacted Canadians we will also be providing complimentary credit monitoring and identity theft protection for 12 months", the firm said. But certified financial planner Jon L. Ten Haagen says that's not enough, and recommends that consumers immediately sign up for a security freeze, or credit freeze, with the four major credit bureaus. Otherwise, there is a $5 fee. Hackers may use them to file false tax returns and get a refund; you'll only find out when you try to file your taxes and are told they are already filed. Credit monitoring agencies are not something we opt in to; they are a facet of the financial machine in this country that we can't escape (unless you chose to buy gold and bury it like Ron Swanson).