EQUIFAX Data
Breach Could Hurt Your Smallbiz |
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On 7 September 2017 Equifax (one of the largest credit
reporting agency) announced that it experienced a major data
breach that could potentially impact more than 143 million
Americans.
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The data breach is believed to have occurred between May and
July 2017. The
breach exposed personal information such as Social Security
Numbers, names, addresses, driver's license numbers, credit
card numbers, etc.
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Equifax states that there is no Evidence of Unauthorized
Access to Core Consumer or Commercial Credit Reporting
Databases.
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However, as an entrepreneur you have to assume the worse and
take appropriate measures to protect yourself and your small
business.
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Entrepreneurs rely on their personal and business credit
report to seek funding and grow their businesses.
Hence a data breach of this type can be detrimental
not only personally, but to the small business as well.
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Equifax is offering (TrustedID
Premier) complimentary identity theft
protection and credit file monitoring services to those who
were affected.
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What can you do to protect your good credit. To learn
more abuot what you can do visit the
SBZ web page on protecting your credit.
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Sources:
By Bill
Williams
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