Friday, August 9, 2019

How to get your Equifax money and stay safe doing it

How to get your Equifax money and stay safe doing it
Excerpt: UPDATE August 2, 2019: The US Federal Trade Commission has warned consumers that, due to the high number of claims made for a cash payout regarding the Equifax data breach, the actual value that will be paid out might be “far less” than the originally-stated $125. You can read the FTC’s full statement here. Our original blog follows below: Following the enormous data breach of Equifax in 2017—in which roughly 147 million Americans’ suffered the loss of their Social Security numbers, addresses, credit card and driver’s license information, birthdates, and more—the company has agreed to a settlement with the US Federal Trade Commission, in which it will pay at least $650 million. (This email from Malwarebytes Labs contains a link to the ‘real” Equifax claim web address. It’s anyone’s guess what–if anything–a claimant will end up with as it depends partly on how many apply and partly on how many of them want cash or a cash equivalent rather than “credit monitoring.” As is pointed out in the accompanying article, “when there’s a dead whale in the water, the sharks will come.” Ron P.)

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