Re: equifax breach what are you doing?

Posted by vsteel on September 10, 2017 at 06:43:19 from (96.18.111.29):

In Reply to: equifax breach what are you doing? posted by Geo-TH,In on September 09, 2017 at 05:01:53:

This isn't fake news, if anything the news is dropping the ball on this.

1. This isn't the wow, there is a lot of stuff about me on the Internet, it is the hey they have my tax return level of information about me. This is a case of "I have this information about you and can totally take over your life", level of information. I am friends with someone who works for the government and when they had their data breech that is what happed to him. Lots and lots of fake credit cards and accounts in his name. It took a very long time and a LOT of work to try and prove that it wasn't him that did it. How are you going to prove that you didn't open that credit card account? You can say well I am in Utah and that account was opened in New York. Yea but the companies out money are going to say "that is probably just you trying to make some money fraudulently or trying to bail on paying your bills". Everything you can produce to show you are you, the bad guy did as well. Identity theft is a serious matter.

2. They found out about this in July and we are just now hearing about this.

3. The website to check if your information was compromised has an arbitration clause in the information. There are some serious debates what that means legally. The wording is such right now that if you go and check your information status you might be waiving all of your rights to legal action.

4. This is a company that you don't choose to do business with but they have all of your information. By this I mean this isn't a bank you have chosen or a credit card you picked, this private business has your information and if you are not on a 100% cash lifestyle (and I mean 100% of your entire life) then you possibly are just screwed.

5. They are trying to make money off of the data breech. They will give you a year of credit protection but by signing up then you are going to have to cancel in the future because then they start billing you.

What can be done? Well you really have 3 options.

1. Monitor your credit like a hawk yourself. Make sure no new accounts get opened up.

2. Pay for a credit monitoring service. Personally I don't think I would use the one that is part of the company that just dropped the ball so seriously.

3. Lock your credit. You can have all 3 of the credit companies lock your account so that no amount of information will let you open a new account. Now this might not be for you if you are going to be buying something through financing or opening new credit card accounts. You can pay a small fee and get them unlocked, but that is a lot of work if you are going to be locking and unlocking it all of the time. This works better for more established people who are buying things and not financing or people who have their major purchases completed (not buying a home or car or financed thing or planning on opening a new line of credit.)

On second thought I think this is fake news. The major news organizations from MSNBC to FOX get it so laughably wrong when it comes to tech or are so late to the game it is too late. It can't be real news, at what point is the attempt so lame and inept that it is fake.

The sports equivalent of this is if the news organizations were just reporting who won the 2014 Super Bowl and had the score and winner wrong. Some of them didn't even have the correct teams playing.

The really sad thing is I am going to be reading about the details of this and it is going to come down to either (and they almost always come down to this) the IT department screaming there is an issue and some suit saying "Things are fine we don't want to spend the money on security upgrades, I would rather use it for us to all go drinking and golfing.". Or someone was clicking on things they shouldn't have, got a malicious link which put some bad software on their PC and that is how the bad guys got in. Though it also normally involves some pretty lame security measures going on inside the company. Best practices from 10-15 years ago kind of thing.

In my world that company would possibly be looking at being dismantled and the executives looking at possibly some hard core jail time for something so egregious. And I am not talking the country club jails either, I am talking general population in the normal federal institutions.

Replies:

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Optional Video Title: Optional Video URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.   Advanced Posting Tools   Upload Photo  Select Gallery Photo  Attach Serial # List  Return to Post

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]