You have probably heard about the Equifax Security Breach that has been in the news recently. Have you been affected by the Equifax Security Breach? Are you concerned about the breach?

Here is what you need to do right now!

  1. Check to see if you have been affected in the Equifax breach by clicking here: https://www.equifaxsecurity2017.com/potential-impact/
    • a. You will be asked to enter your last name and the last six digits of your social security number
  2.  Pull your free annual credit report at www.annualcreditreport.com and check for suspicious inquiries and opened accounts
    • a. Please note this is the only authorized website for free credit reports
    • b. Disputing credit report results – go to https://www.identitytheft.gov/ and create an action plan and contact your ID theft insurance company
  3. Purchase reputable ID theft protection insurance. Preferably one that offers a case agent to work with you in the event your identity is used to open accounts. This case agent is in your court and is invaluable during all of the leg work that is required to clean up the mess made by criminals.
  4. Freeze, or fraud alert your credit AFTER purchasing the ID theft insurance as the insurance company is more than likely going to want to pull your credit as well to check about inquiries and other opened accounts.
    • Freezing Credit
    • a. Strongest form of protection – NO ONE can access your credit, not even you until unfrozen
    • b. You will need to do this by contacting each of the three bureaus independently:
      • i. Equifax — 1-800-349-9960
      • ii. Experian — 1 888 397 3742
      • iii. TransUnion — 1-888-909-8872
    • c. You’ll need to supply your name, address, date of birth, Social Security number and other personal information. Fees vary based on where you live, but commonly range from $5 to $10.After receiving your freeze request, each credit reporting company will send you a confirmation letter containing a unique PIN (personal identification number) or password. Keep the PIN or password in a safe place. You will need it if you choose to lift the freeze.
    • Fraud Alert on Credit
    • d. Good form of protection, possible creditors need to verify it is you before confirming and extending credit
    • e. Expire every 90 days, unless victim of ID theft. Are you a victim? You will have to file report showing that you have been victimized and will get fraud alerts for seven years
    • f. You will need to do this by contacting each of the three bureaus independently:
      • i. Equifax — 1-800-349-9960
      • ii. Experian — 1 888 397 3742
      • iii. TransUnion — 1-888-909-8872
  5. Concerned that freezing your credit adversely affects your credit score? It does not! Please read the Federal Trade Commission’s FAQ about Credit Freezes. You can turn this on and off as needed for purchases.
  6. Talk to people you trust, like your friendly staff at Wilson Bank and Trust! We are here for you and our staff, along with our Security Director Elvis Huff, are in your court and here for you! Please call us with any questions.

Posted by Elvis Huff

Elvis Huff worked as an officer and network administrator for 12 years with the Lebanon Police Department and has also served as an adjunct professor in information systems at Cumberland University. Read More »

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