Equifax Data Breach

Concerned about the Equifax breach? See the below FAQ provided by American Bankers Association to learn more about the breach and how to protect yourself.

Frequently Asked Questions

I've been hearing about the Equifax breach in the news. What happened?

On September 7, Equifax, one of the three major credit bureaus, announced that the records of approximately 143 million Americans were breached between May & July of this year. The hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They also stole credit card numbers for about 209,000 people and dispute documents with personal identifying information for about 182,000 people.

Was my information stolen?

If you have a credit report, there’s a good chance it was. Go to a special website set up by Equifax to find out: https://www.equifaxsecurity2017.com/. Scroll to the bottom of the page and click on “Potential Impact,” enter some personal information and the site will tell you if you’ve been affected. Be sure you’re on a secure network (not public wi-fi) when you submit sensitive data over the internet.

How can I protect myself?

  • Enroll in Equifax’s services - Equifax is offering one year of free credit monitoring and other services, whether or not your information was exposed. You can sign up at https://www.equifaxsecurity2017.com/.
  • Monitor your credit reports - In addition, you can order a free copy of your credit report from all three of the credit reporting agencies at annualcreditreport.com. You are entitled to one free report from each of the credit bureaus once per year.
  • Monitor your bank accounts - We also encourage you to monitor your financial accounts regularly for fraudulent transactions. Use online and mobile banking to keep a close eye on your accounts.
  • Watch out for scams related to the breach - Do not trust e-mails that appear to come from Equifax regarding the breach. Attackers are likely to take advantage of the situation and craft sophisticated phishing e-mails.
  • Enroll in CRBT's fraud and credit monitoring service - Cedar Rapids Bank & Trust has an established partnership with CyberScout®, the nation's premier provider of identity management services, to offer you the most comprehensive protection available. For $9.75/month*, you can take action to protect your account with 24/7 guidance from a fraud specialist, three-bureau credit, report and monitoring; easy access to credit scores and reports, and email alerts when changes occur. To learn more, contact a CRBT Account Executive today or click here!

Should I place a credit freeze on my files?

Before deciding to place a credit freeze on your accounts, consider your personal situation. If you might be applying for credit soon or think you might need quick credit in an emergency, it might be better to simply place a fraud alert on your files with the three major credit bureaus.  A fraud alert puts a red flag on your credit report which requires businesses to take additional steps, such as contacting you by phone before opening a new account.

How do I contact the three major credit bureaus to place a freeze on my files?

Equifax: Call 800-349-9960 or visit its website.

Experian: Call 888-397-3742 or visit its website.

TransUnion: Call 888-909-8872 or visit its website.

Where can I get more information about the Equifax breach?

You can learn more directly from Equifax at https://www.equifaxsecurity2017.com/. You can also learn more by visiting the Federal Trade Commission’s web page on the breach at https://www.consumer.ftc.gov/blog/2017/09/equifax-data-breach-what-do. To learn more about how to protect yourself after a breach, visit https://www.identitytheft.gov/Info-Lost-or-Stolen.

 

This is being provided for informational purposes only. Cedar Rapids Bank & Trust is not making recommendations for action or inaction. We want to provide you with information and resources so you determine the best option for you!

*A monthly fee of $9.75/individual or $16.75 for joint account applies. New identity theft clients are eligible to receive first 3 months of service free with a 12 month contract. Annual contract will auto-renew unless client provides 30 days written notice to The Bank. If client terminates service prior to fulfilling the 12 month contract, their account will be be auto-deducted for the remainder of the 12 month term. Member FDIC