We’re sure you have seen the headlines reporting data breaches involving Equifax, Yahoo, Target and other large companies. When breaches like these happen, consumers need to act fast.
Here are 6 steps to take if a company you do business with is affected by a data breach:
- Change your login information on any accounts affiliated with the affected company. If you use the same username or password on other accounts, you should change those as well. It is also recommended that for ongoing security, you consider changing your passwords every 90-days.
- Monitor any financial accounts for fraud that were connected with the breach (for instance, the credit card you used at a breached retailer). Your liability may depend on how quickly you spot and report suspicious transactions.
- Watch out for phishing attacks. Thieves often use news of a breach to create new attacks, posing as the affected company to fool consumers into giving up personal information.
- Sign up for any free credit monitoring offered by the affected company.
- Place a free fraud alert on your file with the three reporting companies: Equifax, Experian and TransUnion. The renewable, 90-day alert requires lenders to verify your identity before issuing credit, making it harder for someone to open a new account with your name.
- Invest in a third-party service like IDShield. IDShield provides privacy and security monitoring, consultation, and Comprehensive Identity Restoration from Kroll. So, in the unfortunate event something does happen to your identity, you’ll have professional help in getting your identity restored to what it was before the fraud occurred.
If you have any questions about protecting your identity or want to discuss IDShield on the phone then please call Nick Lutkins at 703.626.6276. Be sure to mention McLean Insurance for referral pricing!