Sometimes my husband says that I am trying to micro-manage him. My response is, you have to be a micro-manager in order to micro-manage. Truth be told, the biggest complaint of my employees and colleagues is that I don’t give ENOUGH direction. Monitoring the actions of a person or entity, in fact, goes against my nature.
So, what does my marriage dynamic have to do with today’s Equifax breach? The best advice I can tell ALL those who value their credit report is to monitor and monitor often.
One colleague and cybersecurity expert @danwaddellzen suggested that a credit freeze might be in order. What does that entail? FTC defines a credit freeze as… “Also known as a security freeze, this tool lets you restrict access to your credit report, which in turn makes it more difficult for identity thieves to open new accounts in your name…”
Since I am NOT the micro-manager that my husband accuses me of being, I will prove it (hah!) by deferring to the advice that he gave his sons this afternoon:
- Follow the instructions on the web page (listed below) regarding the incident
- Set up TrustedID monitoring (Equifax)
- Go to annualcreditreport.com, and check for any accounts or charges you don’t recognize. You can order a free report from each of the three credit bureaus once a year via this web site.
- Also consider setting up a credit block service at each credit reporting agency (e.g., Equifax, Transunion, Experian). The ‘block’ may cost $10-$15 ea., but this is one of the worst data breaches in history because it contains both SSN + credit card numbers + personal info (DOB, address, etc.).
For more advice on what to do, go to: https://www.equifaxsecurity2017.com/consumer-notice/