On September 8, 2017, Equifax reported that 143 million American consumers’ Personally Identifiable Information (PII) was breached. The company is advising people to visit equifaxsecurity2017.com to check if their personal information may be at risk, and to register for free credit monitoring.
We are advising our customers to take advantage of the free credit monitoring offered. However, customers should not rely solely on the Equifax website to determine if their information has been compromised. Regardless of whether or not customers suspect their information is compromised, it is also recommended that they place a freeze on their credit report - here's how.
Here are a few additional resources to help ensure your PII is secure:
- Protecting Personally Identifiable Information
- Krebs on Security is a popular website that is reporting daily on this incident
It is important to note that while Equifax had a breach of consumer data, insureds who have a cyber liability policy should not call their carrier’s breach hotline. That is only to be used if they suspect a system intrusion or breach of confidential information that their business is charged with keeping private.
Our team also stands ready to assist, and would be happy to help you secure the coverage your clients need. We welcome you to contact us with any questions or quote requests you may have.