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The Equifax breach
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Mar 9, 2018 07:52:59   #
foathog Loc: Greensboro, NC
 
And did they arrest the son of a bitch who tried to make the charge???

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Mar 9, 2018 09:51:24   #
Drigby1 Loc: American Fork, UT
 
gvarner wrote:
Millions of card numbers exposed. Had an attempt on one of mine at a toll bridge in Mexico. Resulted in a fraud call from my bank and getting a new card. Discussed it with my banker. I never use the card. It's tied to a line of credit I have for overdrafts. I agree with his opinion that it's likely the result of the Equifax breach. He says banks and Equifax have new systems and algorithms in place to monitor use on all those hacked accounts. He noted that the attempted charge was denied. I felt better after our discussion. Keep your eyes open and monitor your accounts. Protection is just an 800 call away. Personally, I don't think it's necessary to buy extra fraud protection. The hackers did not get your 3 digit security code that's on the back of the card. Skimmers are a big problem and hard to detect. If you're still worried, use cash.
Millions of card numbers exposed. Had an attempt o... (show quote)


On any card reader, like at a gas pump or ATM you just give a firm tug. It will not harm the machine. These thieves don’t have time to securely attach it, they just place it and go away. I always tug everywhere. Many videos have been made about this. Good luck, be safe.

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Mar 9, 2018 11:29:42   #
drklrd Loc: Cincinnati Ohio
 
jerryc41 wrote:
That's awful, isn't it? They don't take proper precautions, and then they lie about what happened. We're left to straighten out the mess. No penalties for them, of course. How different would the situation be if they had to pay a fine for each person whose data was compromised? I bet they could find a solution then.


They still cannot stop the theft though and that chip in the card was supposed to help with theft too. The chip card just opened up a new can of worms as does the use of cell phone banking.

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Mar 9, 2018 11:33:06   #
BobHartung Loc: Bettendorf, IA
 
jerryc41 wrote:
That's awful, isn't it? They don't take proper precautions, and then they lie about what happened. We're left to straighten out the mess. No penalties for them, of course. How different would the situation be if they had to pay a fine for each person whose data was compromised? I bet they could find a solution then.



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Mar 9, 2018 14:19:17   #
Drigby1 Loc: American Fork, UT
 
With research I found they can’t touch the chip cards. In the slot with no scammer device on outside they are safe. Europe has had chip cards for 20 years. Very very few problems. Just a tug to see if a scammer device on top of regular reader is all you need to do. What is not safe is Google or Apple Pay where you wave the phone at the device. They still have to be in range and looking for it.

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Mar 9, 2018 21:49:41   #
One Jughead Loc: Greene County, OH
 
Equifax has a Lock & Alert that is free for a lifetime.
You can lock and unlock it as needed. Will alert you if someone is trying to open an account with your ID.
Also have an app for the smart phone.
Price is right

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Mar 9, 2018 23:20:05   #
Drigby1 Loc: American Fork, UT
 
I have one I pay $9 from equifax, and trust ID from TransUnion and a free lock from Experian. Also have credit card protection and free credit report, a purchase protection alert on Debit card, Intego software for computer, Spam protection for phone calls free.

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Mar 10, 2018 00:06:56   #
Joecosentino Loc: Whitesboro, New York
 
I just had to freeze all three agencies. Someone attempted to open a capital one account. Cap one contacted me confirmed it wasn't me closed out the application and they recommended placing a freeze on the 3 credit services.
It is starting to tick me off that these companies can gather so much information about us and it seems like they are rountinly being hacked. I would love to have a way to opt out and not have them collecting any data on me.

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Mar 10, 2018 12:38:57   #
drklrd Loc: Cincinnati Ohio
 
Joecosentino wrote:
I just had to freeze all three agencies. Someone attempted to open a capital one account. Cap one contacted me confirmed it wasn't me closed out the application and they recommended placing a freeze on the 3 credit services.
It is starting to tick me off that these companies can gather so much information about us and it seems like they are rountinly being hacked. I would love to have a way to opt out and not have them collecting any data on me.


Opting out from the credit agencies would mean you are off the grid and no more credit for you. You then would work an all cash environment. Disappear from the web and local banks for a year and remove all websites you belong to for anything especially shopping and you can be free of the credit agencies. Until you do that you are stuck with them plus they charge you for services unless someone turned you down for credit and then you have one hell of a time fixing the problem. They need more monitoring by the feds? More monitoring could make it worse. I find it is a no win for us. Back in the 50's and 60's 70's as they evolved the computer era evolved and they both hooked up with each other. I used to skip trace people back in the 70's. You always leave a bread crumb trail in life and that trail is what the credit bureaus follow really good since they hooked up with computers. The way out is to disappear from the digital world.

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