Economy

USA senators introduce bill to make credit freezes free

USA senators introduce bill to make credit freezes free”

The information included sensitive data like Social Security numbers, dates of birth, addresses, and potentially drivers' license numbers. The company will also offer free credit monitoring to those individuals, it said. They're also asking Equifax to reimburse consumers who are charged fees to freeze their credit.

The US Federal Trade Commission is investigating how the data was stolen. As for the other hundreds of thousands of customers whose information was leaked, they'll have to go to the company's site to find out whether or not they've been affected. It's outrageous that Equifax waited more than a month to inform consumers about this hack.

More than a week after Equifax revealed that 143 million American customers' personal information was exposed in a data breach, the credit monitoring company still hasn't said how many Canadians were affected.

Andrew Cuomo has announced plans to require all credit-reporting agencies to register with the state and comply with its cyber security regulations.

"It is outrageous that the credit bureaus charge us fees to prevent identity theft when we didn't even give them permission to collect our information in the first place". The attorneys general are advocating to ensure no consumer has to pay a fee for these credit freezes.

A security freeze prohibits access to a consumer's credit report without express, case-by-case permission from the consumer, thus making it hard for identity thieves and others to open unauthorized credit in the consumer's name.

Bob Gates wasn't going to take the news that his credit report was compromised lying down, so he ordered a credit freeze. Carefully review the information and immediately report any unauthorized accounts, suspicious activity or inaccuracies.

The state could deny a renewal if the company or those associated with it are deemed "not trustworthy and competent to act as or in connection with a consumer credit reporting agency", according to the regulation.



Like this

Latest


20 September 2017
Jennifer Lawrence Discusses Anxiety Caused by Planes
In which she played a major role, 27-year-old Lawrence said: "no, not at all!" "I got really claustrophobic and I had to get out". So we're not blaming her for being a little nervous on flights these days.

20 September 2017
Apple issues statement on Watch cellular connection issues
This resulted in an occasional inability to place or receive phone calls and text messages, or access Siri. The company is investigating the issue and will likely come out with a fix in a future software update.

20 September 2017
Emmys put comedy spotlight on Donald Trump
The stars of such critical darlings as " Saturday Night Live ", " Veep " and "Last Week with John Oliver" were all celebrated. Riz Ahmed won best actor in a limited series or movie for his breakout role in HBO's The Night Of .

20 September 2017
Belichick won't be reading Tom Brady's book
Brady's book, The TB12 Method: How to Achieve a Lifetime of Sustained Peak Performance, hit the shelves on Monday. New England Patriots coach Bill Belichick and quarterback Tom Brady donated a combined $150,000 to J.J.

20 September 2017
Orissa HC bar ceases work to oppose CBI entry into judge's house
BP Yadav got in touch with Justice (retired) Quddusi and Pandey through Sudhir Giri of Venkateshwara Medical College, Meerut. The matter was being pursued by the Prasad Education Trust in the apex court.

20 September 2017
Corbyn wins more control as Labour backs party power shift
A source said the review was about "democratising" the party and will report back "in due course". Jeremy is delighted that the NEC backed plans to tackle discrimination in the party.

20 September 2017
Journalist killed by tribal party cadres in Tripura
During the melee, the agitated tribal party cadres hacked Bhowmil to death with a sharp-edged weapon. The injured also included women and a police official.

20 September 2017
Darci Lynne Nominated For "Best Viral Moment" By Tiger Beat
After a comedy bit to start the performance, they all teamed up to sing the Beatles' song "With a Little Help From My Friends". This week, Darci Lynne stunned the audience and judges by performing with two puppets for the finals.

20 September 2017
Trump Addresses United Nations, Vows to 'Always Put America First'
While the US could take military action itself, Trump urged the U.N.to join together in curtailing North Korea's nuclear efforts. While running for office, Trump called the UN as weak and incompetent, and not a friend of either the United States or Israel.

20 September 2017
'Raging Bull' Jake LaMotta dies at 95, report says
His career was highlighted by a rivalry with Sugar Ray Robinson , which led to a six-fight series, of which LaMotta won only one. He remains one of the most iconic boxing figures and inspired the 1980 film Raging Bull , which featured actor Robert DeNiro.



Recommended