EQUIFAX HACK WARNING
By Tom Jensen
As most of you probably already know, Equifax has been hacked, and over 280 million people have lost all their information. Equifax discovered the breach on July 29 but did not disclose the problem until Sept. 7, a possible violation of law.
This will allow criminals to do virtually anything they want fraudulently in your name. It could cost you everything that you own. Equifax is offering a free credit monitoring system, but it comes with a price. If you sign up for their free credit monitoring, you waive your right to be part of a class action lawsuit, and must submit to arbitration.
I suggest that everyone affected should purchase their own protection, and preserve their right to sue Equifax. I for one signed up with Lifelock.
The Lifelock standard plan will cost me a total of $197.80 per year, and that covers my wife as well. An individual standard plan will cost $98.90 per year. Call Lifelock at 800-416-0599 or go to lifelock.com to sign up.
I believe that Equifax will be paying those of us that have lost our information a large amount of money when the dust settles.
I HAVE HAD LIFELOCK FOR SEVERAL YEARS AND THEY HAVE BEEN VERY HELPFUL IN A COUPLE OF SITUATIONS.
This is not a paid advertisement just recent events need all of us to protect ourselves.