Our Social Security numbers are quite vulnerable. Annually, more than 15 million Americans are victimized by ID fraud. Until SSNs are properly encrypted, they will be vulnerable to identity thieves.
Recently, Equifax disclosed the exposed data of around 143 million Americans during a cyberattack.
The majority of America’s adult population was affected by the credit bureau’s breach.
In response to consumer challenges, Equifax announced the following updates: adjusting how a PIN is generated for consumers initiating a security freeze solution, ramping up call center support and a more prominently featured link from the Equifax.com website.
To find if you’ve been victimized, visit the Equifax website or call (866) 447-7559.
Consumers should closely monitor annual credit reports and remain vigilant, according to AP Business Writer Ken Sweet. To prevent thieves from opening bogus loans or credit cards in your name, you may consider freezing your own credit reports for a small fee.
People need to take a look at their personal information to protect their financial lives. Don’t make yourself a soft target for identify thieves.