How Students Missed Out on $2.3 Billion in Free College Aid

Free money went unclaimed due to students not completing or submitting the Free Application for Federal Student Aid, or FAFSA.

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Equifax failed to patch security vulnerability in March – former CEO

“It appears that the breach occurred because of both human error and technology failures,” former CEO Richard Smith said in written testimony released on Monday by the Energy and Commerce Committee.

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Freezing your credit after the Equifax breach won’t prevent the most common type of identity theft — here’s what will

A credit freeze protects only against new accounts being opened in your name — one of the rarest types of identity theft out there, affecting only 4% of victims, according to the most recent Bureau of Justice Statistics data..

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So Hard to Sue a Company for Losing Your Personal Information

Equifax finds itself in a crosshairs not seen since the 2013 Target breach; the legal and regulatory repercussions are coming at record speed.

 

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Key Equifax executives departing after huge data breach

Equifax announced late Friday that its chief information officer and chief security officer would leave the company immediately, following the enormous breach of 143 million Americans’ personal information.

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A few things to know.

In what is being dubbed as potentially the “worst leak of personal information EVER”, the Equifax data breach that has affected an estimated 143 million people, is MAJOR news . A few things to know:

1: Be careful to NOT go to the Equifax site and scheck to see if your data was compromised and/or sign up for their offer of free monitoring from “TrustedID”. Signing up for htis free monitoring, requires you to agree to Equifax terms of serivce, which includes binding arbitration, and would therefore restrict you from access to the courts for remedy. A Sneaky move by Equifax.

2. Place a 90 day “Fraud Alert” on your file at Equifax. http://ift.tt/10FGxth
They will, in turn notify Experian and TransUnion on your behalf, so you dont need to contact them separately.

3. Contact Legal Counsel if you know that you were impacted by this data breach and it has resulted in damages. Equifax knew about this data breach long enough for several of their top Executives to sell company stock of almost $2 million, PRIOR to alerting the public about the breach.

MORE TO COME

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Fargo Police warn about debt collection agency posing as lawyers

In a post on Nextdoor, Police discuss a Federal Trade Commission case where a debt collection agency from Charlotte, NC pretended to be lawyers, using “a variety of names to make people think they were dealing with a law firm.”

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