Monday, September 2, 2019

Watch Out For Equifax Settlement Scams


Pathways Advisory Group, Inc.
Evon Mendrin, CFP®

In 2017, Equifax - one of the three major credit bureaus - experienced a data breach affecting at least 143 million people. Now, there is a class action lawsuit settlement awarding those affected free credit monitoring and a potential cash payment. Of course, internet fraudsters are using this settlement as an opportunity to create new scams.

Internet bad guys are now trying to trick you into filing an Equifax claim and get a $125 payment because your personal data was in the Equifax data breach. They are sending phishing attacks that look like they come from Equifax. When you click on the links, you wind up on a fake website that looks like it's Equifax but will try to steal your personal information. Don't fall for it.

If you want to file a claim, go the legit FTC website and click on the blue "File a Claim" button. The website will check your eligibility for that claim, as not everyone's information was compromised. Here is the link to the FTC site: https://www.ftc.gov/enforcement/cases-proceedings/refunds/equifax-data-breach-settlement   
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