eqiuifaxx is only contacting those in a dispute process. a lot of people complaining this morning that it s not clear and easy to find out if you have been affected. you have to submit your last name and last six digits of your social security number there. after that, you will receive a message whether you ve been affected. but experts say you need to do more. don t rely on this company to do more to help you. experts say consider putting a freeze on your credit especially if you don t anticipate opening any new loans. you you put a credit freeze on your account. but you can still use your credit card. just can t open up a new one. and be very, very careful. this is huge breach.
issued an apology to consumers and business customers for the concern and frustration this has caused, and they say they re conducting a thorough review of their overall security operations. there are a couple of things that u.s. consumer you can do. equifax has set up a dedicated call center. you can call in and see whether you have been affected. they ve also established a dedicated home page, which does the same. secondly, you could consider a credit freeze, eeven though that s a complicated step. thirdly, look at your bank statements, your credit card statements to look out for any unauthorized activity. then you can take the credit monitoring that is offered by equifax on the website. you can sign up for credit file
it is used all over the worrell. it is not new but it isn t foolproof. in other countries you have to have the chip and the code to use your credit card every time but that isn t the case in the u.s. as of yet. it is easier for thieves to break in with just a chip and the card the pin helps for the second layer of protection. the new chip won t stop thieves from using the card on-line. that s one issue and fraud alerts are not enough. you need a credit freeze so no one can access your information if your card has been hacked or spo stolen on-line. businesses have until october 1st to migrate through the new chip technology. they have to make sure their equipment is ready. not sure everybody will make it. fingers crossed that it is here in time for the holidays. you can log on to foxbusiness.com/channelfinder. if you are in the market for a razor blade forget those. you may soon be able to shave with a laser.
other places. jenna: you would think it would raise red flags but apparently not. you would think. jenna: i know you re a dad, robert. one of the things that we re also seeing, a huge rise in trends is that children s social security numbers are being taken and then they re filing for taxes using your kid s name and number and you don t know it because your kid is probably not filing taxes unless they re old enough to. what s your advice to parents on that? what do you do? can you check your child s records in a way to head off any identity theft? i hate to come off as being hopeless but this is kind of a hopeless situation until they solve it, right? until they make the necessary investments. one thing you can and should do that doesn t necessarily protect you from a tax identity theft is get identity theft protection and what that does is it locks down your social on your credit making your information less appealing to criminals. along with that you can get what s called a credi
opportunities of protecting themselves, that is, taking steps like scrutinizing their bills or imposing a credit freeze on their accounts that will stop the identity thieves that prey on this information that is stolen from the big retailers like target. i give target credit coming forward being the face of an industry that all too often has lagged. and i really mean lagged rep hencebly in providing notification which is why my bill would require it with strong penalties and strict enforcement if they fail to do so. senator blumenthal, neiman marcus part of this hearing, they offered few details that impacted its customers. they say they are still investigating. what is the motivations to withhold this information from consumers? why do you believe that there s not transparency when this happens? is. they would say they want to make sure it was malware that was involved, sophisticated malicious software that was used to hack into their systems and