Credit Cards etc. FYI.

Big_John

Big_John

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Between figuring out who to blame for the hurricanes and announcing who is on Dancing with the Stars, this little tidbit might be slipping through the cracks on the news cycle.

Equifax data breach: Find out if you were one of 143 million hacked

Mrs. Big John's CC account got hacked yesterday and mine last night. Two different accounts with different companies (Capital One and Chase). Both were caught and we were alerted, but I'm very concerned about what else will happen.

Equafax found out about this in July and are just announcing it.
 
I can't stand all this digital age stuff. Put all your info in a computer and when something you have absolutely no control over goes wrong it turns you whole life into one big steaming ball of s**t.
 
i got pinched in the Equifax thing too . as noted shameful we just find out given the breach was july. somebody gotta splain that to me. :BangHead:

and the really bad news? all our sh*t on on the dark web. forever. so, absent SOME technological breakthrough (blockchain, cryptocurrencies, artificial intelligence, etc.) we will be "creditmonitoring" for decades.

yes, this IS the world we live in ...
 
Heard about this on the radio today. I'm with Chase; just checked my account, I'm OK.
 
So am I to understand that only if I was hacked is the enrollment in the subscription free?
 
detmatt said:
So am I to understand that only if I was hacked is the enrollment in the subscription free?
Click to expand...

free for a year whether or not you were in the Equifax hack. if I am wrong, i am sure someone will correct the record.

Any of us who own businesses, or even have a credit card for that matter, need credit monitoring. Don't wait till they hit ya

If ONE of your CC's does it for you, or your bank, GREAT. Just make sure, like Discover does, they are also monitoring the dark web and scanning for your data.

We have to find out IF we were in THIS hack .. if yes, ASSUME the dark web (black market) has your SSN, DL number, address and its only a matter of time before they try to use it to open accounts in your name.

usually you wont suffer monetary loss, but trying to clean up the mess is a pain in the ***. and then you SSN is still compromised for as long as you're alive.

thats why THIS one is such a mess .. they hacked a credit reporting agency .. the hacker's equivalent of stealing the gold from Fort Knox.
 
commando1 said:
I'm NOT enrolled and the Equifax site said I was effected.
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If i understand your comment, Equifax has your (mine, likely every member of FCBO with ANY credit obligations the past 10 years) information in the ordinary course of their business.

If you went to the site where they want your last name and last six digits of your SSN, they will search the 143M accounts that got hacked and tell you if you were one of them with a yes or no answer.

If "yes", you can enroll in what is really a GOOD monitoring service FROM Equifax for free.

If "no", take care cuz they arent EXACTLY sure it was actually 143M AND hell, they got hacked in the FIRST place .. who knows that it WONT happen again? You can STILL enroll with the Equifax service .. whether you got caught in the hack or not.

if they button their records up, then one of the other guys (Experian, TransUnion), or ANY number of a few dozen OTHER electronic record sites that have our SSN's and related info (eg., insurance companies, banks, brokerage, employers, pension funds, etc.) might get hit.

This hackin sh*t .. everybody KNOWS its gonna happen, and they STILL can stop the perps. Focus now is quick remediation .. but thats all "horse is outta the barn" stuff. This is a mess.

hence the need to monitor this stuff until cybersecurity gets much better.
 
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Why do I feel like I would be getting fleeced in some way by equifax by taking them up on their free subscription??? F that I'm jus going straight to my bank with this.
 
detmatt said:
Why do I feel like I would be getting fleeced in some way by equifax by taking them up on their free subscription??? F that I'm jus going straight to my bank with this.
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dunno if equifax is "fleecing" any of us, any more than TransUnion or Experian are, or LifeLock, on ANY terms and conditions of the monitoring services from any source.

BUT, you have a point there with Equifax IF this info excerpt from the Washington Post is true:

https://www.washingtonpost.com/news/the-switch/wp/2017/09/08/what-to-know-before-you-check-equifaxs-data-breach-website/?utm_term=.9709ce32dd5f

"Sharp-eyed social media users have combed through the Equifax data breach site's fine print — and found what they argue is a red flag.

Buried in the terms of service is language that appears to bar those who enroll in an Equifax credit monitoring program from participating in any class-action lawsuits that may arise from the incident. Here's the relevant passage of the terms of service":

AGREEMENT TO RESOLVE ALL DISPUTES BY BINDING INDIVIDUAL ARBITRATION. PLEASE READ THIS ENTIRE SECTION CAREFULLY BECAUSE IT AFFECTS YOUR LEGAL RIGHTS BY REQUIRING ARBITRATION OF DISPUTES (EXCEPT AS SET FORTH BELOW) AND A WAIVER OF THE ABILITY TO BRING OR PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION, OR OTHER REPRESENTATIVE ACTION. ARBITRATION PROVIDES A QUICK AND COST EFFECTIVE MECHANISM FOR RESOLVING DISPUTES, BUT YOU SHOULD BE AWARE THAT IT ALSO LIMITS YOUR RIGHTS TO DISCOVERY AND APPEAL.
​
This right here ... is some Grade A bullshit. You are agreeing to go to arbitration with them, vs. joining a class action lawsuit or some othre legal remedy IF the breach caused you harm and IF you sign up for THEIR monitoring.

So you can't go wrong with your bank's programs/and or consultation. Banks btw are held to HIGHER information security standards than credit reporting agencies .. but still read the fine print anyway.
 
I knew it, their trying to make you feel comfortable with them and scamming you out of your potential rights at the same time. I also understand that some execs in the company sold off stock after the hack went down but before it was publicized.
 
Sorry guys NEWS FLASH on POST #16.

The Washinton Post just (literally last five minutes) made this update to their story:

Update: Equifax issued a statement Friday evening. “In response to consumer inquiries, we have made it clear that the arbitration clause and class action waiver included in the Equifax and TrustedID Premier terms of use does not apply to this cybersecurity incident,” the company said.
​
STILL, has all the appearances of a company with their asses aflame trying to pull as fast one.

Plus the execs dumping stock? If that's true .. what a buncha sleazebags. Sit on the breach info for two months, plan this strategy to save your company .. but in the meantime "cash out" before they announce it.

All that takes some big #&*@!$ ^* -ing nerve right there.
 
If you spend anytime on the Internet at all, someone is watching and you can be exposed for almost any reason good or bad.
Nothing in the cyber world is safe, and our society today can't live without it, so we're stuck with it.
I purchased Life Lock a few years back to try to avoid identity theft, but now I'm waiting, and unfortunately expect for that one to be hacked too at some point.
 
detmatt said:
Did Equifax execs dump stock before announcing major hack? - Hot Air
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ahh ... three execs did sell.

the company says, however, these folks did NOT know of the the 'instrusion" (i.e., "hack" .. "intrusion" makes it sound like "oops, excuse us for stealing from you Equifax" ) before they sold.

BUT a problem with that story is, as the article says, that these transactions were NOT on the SEC 10b5-1 schedule. That regulation allows execs to sell stock lawfully IF the dates/amounts are provided IN ADVANCE. Thats fair to everybody and serves to try to eliminate any insider trading activiities.

That way, if bad new comes in the future that would tank the stock, this public schedule MONTHS earlier would have shown these execs intended to sell at a future date -- well before they reasonably could have had ANY knowledge of ANY bad news (a hurricane, a data breach, a fire at their main factory, etc.) to come.

Long story short .. if the hack wasnt bad enough, this appearance of impropriety around the whole event is stinkin' up the joint for them.
 
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