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Equifax hack

Equifax hack: Freezing your credit isn’t enough

November 6, 2017 By Liz Weston

The Equifax hack exposed the names, addresses, birthdates and Social Security numbers of up to 145.5 million Americans. Drivers license information for 10.9 million people was also exposed, according to a Wall Street Journal report.

This is the sensitive, private information that’s used to establish your identity, which is why freezing your credit reports — as important as that is — won’t be enough.

Credit freezes won’t prevent criminals from taking over credit, bank, retirement and investment accounts, says security expert Avivah Litan with Gartner Research. Thieves also could use the purloined information to snatch your tax refund or mess with your Social Security benefits. Your email, phone, shopping and cloud-based storage accounts aren’t safe, either.

Read my Associated Press column for the steps you should take now.

Filed Under: Liz's Blog Tagged With: breach, criminal identity theft, database breach, Equifax, Equifax breach, Equifax hack, Identity Theft, medical identity theft, tax fraud, tax ID fraud, tax identity theft

Tuesday’s need-to-know money news

September 19, 2017 By Liz Weston

Today’s top story: 3 ways to scrub a collections stain off a credit report. Also in the news: Why you probably need title insurance, socially responsible investing, and the Equifax hack just got worse.

3 Ways to Scrub a Collections Stain Off a Credit Report
Do your homework.

Title Insurance: What It Is and Why You (Probably) Need It
Title insurance protects the insured from a financial loss related to the ownership of a property.

Socially Responsible Investing Takes Clearing a Few Hurdles
Align your investments with your values.

Your Credit Cards May Also Have Been Compromised in the Equifax Hack
It keeps getting worse.

Filed Under: Liz's Blog Tagged With: collections, Credit, credit report, Equifax hack, ethical investing, title insurance

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