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MEMBERS DISCUSSION AREA => General Discussion => Topic started by: Big Dave on September 08, 2017, 05:53:04 PM

Title: Equifax debacle
Post by: Big Dave on September 08, 2017, 05:53:04 PM
They get hacked & 143 million people are affected.
I never signed up to do business with them but I'm pretty sure my wife or I will be effected.

Do I hear class action lawsuit?
Title: Re: Equifax debacle
Post by: jd30005 on September 08, 2017, 05:56:52 PM
Yup, total cluster.



It would be a very good idea to be proactive and determine if you have been affected.  Equifax has setup a website for this purpose.  Please see:


https://www.equifaxsecurity2017.com
Title: Re: Equifax debacle
Post by: DOUG on September 08, 2017, 06:17:38 PM
Credit locked. No worries.
Title: Re: Equifax debacle
Post by: Trailabite on September 08, 2017, 06:20:09 PM
According to this site my information was impacted.


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Title: Re: Equifax debacle
Post by: clark123456 on September 08, 2017, 06:29:23 PM
I was on the list.

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Title: Re: Equifax debacle
Post by: tcdawg on September 08, 2017, 07:18:21 PM
I froze my credit at all three credit agencies:

Equifax
TransUnion
Experian

I have been meaning to do this for years and never seem to remember.  This Equifax retardedness got me moving. 
Title: Re: Equifax debacle
Post by: Anvilsam on September 08, 2017, 07:36:52 PM
I did also


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Title: Re: Equifax debacle
Post by: Big Dave on September 08, 2017, 07:41:26 PM
According to this site my information was impacted.


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I also.
I'm just wondering if this is just a scare tactic to get people to pay for credit protection.
Title: Re: Equifax debacle
Post by: Chris36l on September 08, 2017, 07:51:26 PM
Yup, total cluster.



It would be a very good idea to be proactive and determine if you have been affected.  Equifax has setup a website for this purpose.  Please see:


https://www.equifaxsecurity2017.com
Fine print on this or one of their sites says by viewing you forgo your right to a class action suit....... is that for real?


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Title: Re: Equifax debacle
Post by: flimflamman on September 08, 2017, 08:02:19 PM
I'm jus' sayin'....

Equifax discovered the hack 29 July, but waited until Thursday to warn consumers. In the interim, as first reported by Bloomberg, chief financial officer John Gamble sold shares worth $946,374 and president of US information solutions Joseph Loughran exercised options to sell stock worth $584,099. President of workforce solutions Rodolfo Ploder also sold stock worth $250,458.

Ines Gutzmer, head of corporate communications for Equifax, said: “The three executives who sold a small percentage of their Equifax shares on Tuesday, August 1, and Wednesday, August 2, had no knowledge that an intrusion had occurred at the time they sold their shares.”

After the cybersecurity breach was made public, Equifax stock dropped more than 13% in after-hours trading following the announcement at 4.30pm ET.

https://www.theguardian.com/us-news/2017/sep/07/equifax-credit-breach-hack-social-security

Title: Re: Equifax debacle
Post by: flimflamman on September 08, 2017, 08:07:30 PM
According to this site my information was impacted.


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I also.
I'm just wondering if this is just a scare tactic to get people to pay for credit protection.

As far as I know, it is SOP for credit agencies to provide free protection when they have a breech. My wife had her identity stolen a while back and was provided it free as a result of that. Edit: but after the year was up they wanted an annual fee.
Title: Re: Equifax debacle
Post by: DOUG on September 08, 2017, 08:45:22 PM
I'm jus' sayin'....

Equifax discovered the hack 29 July, but waited until Thursday to warn consumers. In the interim, as first reported by Bloomberg, chief financial officer John Gamble sold shares worth $946,374 and president of US information solutions Joseph Loughran exercised options to sell stock worth $584,099. President of workforce solutions Rodolfo Ploder also sold stock worth $250,458.

Ines Gutzmer, head of corporate communications for Equifax, said: “The three executives who sold a small percentage of their Equifax shares on Tuesday, August 1, and Wednesday, August 2, had no knowledge that an intrusion had occurred at the time they sold their shares.”

After the cybersecurity breach was made public, Equifax stock dropped more than 13% in after-hours trading following the announcement at 4.30pm ET.

https://www.theguardian.com/us-news/2017/sep/07/equifax-credit-breach-hack-social-security
Martha Stewart went to prison.  Govt employees usually have a large discord for wealthy people so I'm sure those sellers have a bullseye on them. 
Title: Re: Equifax debacle
Post by: flimflamman on September 08, 2017, 08:49:02 PM
I'm jus' sayin'....

Equifax discovered the hack 29 July, but waited until Thursday to warn consumers. In the interim, as first reported by Bloomberg, chief financial officer John Gamble sold shares worth $946,374 and president of US information solutions Joseph Loughran exercised options to sell stock worth $584,099. President of workforce solutions Rodolfo Ploder also sold stock worth $250,458.

Ines Gutzmer, head of corporate communications for Equifax, said: “The three executives who sold a small percentage of their Equifax shares on Tuesday, August 1, and Wednesday, August 2, had no knowledge that an intrusion had occurred at the time they sold their shares.”

After the cybersecurity breach was made public, Equifax stock dropped more than 13% in after-hours trading following the announcement at 4.30pm ET.

https://www.theguardian.com/us-news/2017/sep/07/equifax-credit-breach-hack-social-security
Martha Stewart went to prison.  Govt employees usually have a large discord for wealthy people so I'm sure those sellers have a bullseye on them.

I sure hope they do.
Title: Re: Equifax debacle
Post by: clark123456 on September 08, 2017, 09:06:22 PM
I'm jus' sayin'....

Equifax discovered the hack 29 July, but waited until Thursday to warn consumers. In the interim, as first reported by Bloomberg, chief financial officer John Gamble sold shares worth $946,374 and president of US information solutions Joseph Loughran exercised options to sell stock worth $584,099. President of workforce solutions Rodolfo Ploder also sold stock worth $250,458.

Ines Gutzmer, head of corporate communications for Equifax, said: “The three executives who sold a small percentage of their Equifax shares on Tuesday, August 1, and Wednesday, August 2, had no knowledge that an intrusion had occurred at the time they sold their shares.”

After the cybersecurity breach was made public, Equifax stock dropped more than 13% in after-hours trading following the announcement at 4.30pm ET.

https://www.theguardian.com/us-news/2017/sep/07/equifax-credit-breach-hack-social-security
Martha Stewart went to prison.  Govt employees usually have a large discord for wealthy people so I'm sure those sellers have a bullseye on them.
It would be interesting to track their annual trades to see if this sell off was an anomaly.

I don't need credit currently, so I think it's time to lock down my credit rating stuff.  I guess if I go job or bank hunting, or crazy (taking out another loan), I might need it, but I'll cross that bridge at that time.

Thx for the info.

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Title: Re: Equifax debacle
Post by: Trailabite on September 08, 2017, 09:16:02 PM
According to this site my information was impacted.


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I also.
I'm just wondering if this is just a scare tactic to get people to pay for credit protection.
I checked the wife's info and hers was ok.

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Title: Re: Equifax debacle
Post by: cru9 on September 08, 2017, 09:36:08 PM
Mine show no impact and Jacqie's show may been impacted but she has that life lock so she will have to call and check tomorrow. 


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Title: Re: Equifax debacle
Post by: tcdawg on September 08, 2017, 09:51:57 PM
According to this site my information was impacted.


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I also.
I'm just wondering if this is just a scare tactic to get people to pay for credit protection.

I was pretty disappointed that Equifax was still charging $3 to freeze your credit.  So damn wrong. 
Title: Re: Equifax debacle
Post by: Big Dave on September 08, 2017, 10:13:48 PM
According to this site my information was impacted.


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I also.
I'm just wondering if this is just a scare tactic to get people to pay for credit protection.

I was pretty disappointed that Equifax was still charging $3 to freeze your credit.  So damn wrong. 
Especially since they are at fault.

I trust LifeLock like I trust a used condom.
The founder put his SS # in a commercial & was hacked.
That doesn't build confidence for a future consumer.
Title: Re: Equifax debacle
Post by: Trailabite on September 08, 2017, 10:48:51 PM
According to this site my information was impacted.


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I also.
I'm just wondering if this is just a scare tactic to get people to pay for credit protection.

I was pretty disappointed that Equifax was still charging $3 to freeze your credit.  So damn wrong.
They didn't charge me anything.

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Title: Re: Equifax debacle
Post by: Danny Kinder on September 08, 2017, 11:28:22 PM
Got me too. And I just got my money back from the Chipotle hacker.


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Title: Re: Equifax debacle
Post by: jc79 on September 09, 2017, 01:05:57 AM
These guys often have specific predetermined dates that their options are sold. Let's hope it was just a bad coincidence. 


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Title: Re: Equifax debacle
Post by: Mortalis5509 on September 09, 2017, 04:34:43 PM
Discover CC has it where they can watch 100 or 1000 of site for SS# activity and other things for you. 

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Title: Re: Equifax debacle
Post by: Big Dave on September 09, 2017, 07:47:23 PM
Its a comfort to know they are watching but are they doing anything after the fact?

There is a difference in credit monitor & the other. I'm at a loss for the wprds. Dann beer.
Title: Re: Equifax debacle
Post by: clark123456 on September 10, 2017, 08:56:42 AM
interesting article about how antiquated the credit reporting system is, and why the credit reporting agencies don't care about individuals: 

https://www.google.com/amp/s/www.theverge.com/platform/amp/2017/9/8/16276584/equifax-breach-social-security-number-broken-system

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