There’s been a lot of interest in placing a security freeze on your credit reports. Consumers are interested because it prevents credit theft. Credit agencies are interested because it breaks their business model. Remember, nothing is free, someone’s getting paid for it somehow, and if you aren’t paying, you’re the product, not the customer.
Tag Archives | equifax
With the Equifax breach, there’s been a lot of commentary about it’s impact, and much of it has one important fact wrong: SSN was never intended to be a secret.
I don’t usually do breaking news, but this one could be significant. Equifax, the US credit reporting agency is saying that up to 143 million records could have been disclosed. This happened on July 29th, and was just disclosed today.