1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Approximately 143 million in the U.S/Canada affected by breach into Equifax

Discussion in 'Networking & Security' started by biffzinker, Sep 8, 2017.

  1. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

    Joined:
    Oct 13, 2008
    Messages:
    20,560 (6.30/day)
    Thanks Received:
    9,703
    Location:
    IA, USA
    Last edited: Sep 8, 2017
    biffzinker and DRDNA say thanks.
    Crunching for Team TPU
  2. DRDNA

    DRDNA

    Joined:
    Feb 19, 2006
    Messages:
    5,523 (1.30/day)
    Thanks Received:
    1,206
    Location:
    New York
    Yeah okay believe what you want. I worked several projects on the AHC and when an end user goes to create an account its really more akin to activating the account. I feel very comfortable disagreeing with you. The projects I worked were not just in NY.;) Every states is pretty similar and that's based on Federal regulations.

    Edit: I get 9 weeks vacation a year and I did (Contract work) on four different States AHC during 2 years About 4 weeks in each of the States , 3 were State run a one was Federal and there is next to no difference.
     
    Last edited: Sep 8, 2017
    10 Year Member at TPU
  3. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    6,923 (1.88/day)
    Thanks Received:
    6,221
    I'm really not willing to continue this very political line of discussion.
     
    10 Year Member at TPU
  4. DRDNA

    DRDNA

    Joined:
    Feb 19, 2006
    Messages:
    5,523 (1.30/day)
    Thanks Received:
    1,206
    Location:
    New York
    Nothing political about it and the market end of it has nothing to do with anything.;)
     
    Last edited: Sep 8, 2017
    10 Year Member at TPU
  5. Rehmanpa

    Joined:
    May 19, 2017
    Messages:
    304 (2.41/day)
    Thanks Received:
    91
    As someone who has yet to get a credit card (due to US age restrictions), where would I want to look to get one? Seems like I choose the wrong place and then, BAM! My Identity Is stolen. I don't want my identity stolen :(

    Was this credit place some kind of bank or credit union thing? Also, what on earth are they doing about it and why the hell did they wait so long to tell people?
     
  6. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    6,923 (1.88/day)
    Thanks Received:
    6,221
    Fair enough. Perhaps social media has me paranoid.
     
    DRDNA says thanks.
    10 Year Member at TPU
  7. dorsetknob

    dorsetknob "YOUR RMA REQUEST IS CON-REFUSED"

    Joined:
    Mar 17, 2005
    Messages:
    6,171 (1.35/day)
    Thanks Received:
    8,030
    Location:
    Dorset where else eh? >>> Thats ENGLAND<<<
    Information amalgamation and clearing business
    Supposed to be Secure except to those they sell the info too
    The information being Customer Details and Credit Rating as established by themselves and others
     
    biffzinker and DRDNA say thanks.
    10 Year Member at TPU
  8. DRDNA

    DRDNA

    Joined:
    Feb 19, 2006
    Messages:
    5,523 (1.30/day)
    Thanks Received:
    1,206
    Location:
    New York
    Well put....you been on the study of your friends across the pond?
     
    dorsetknob says thanks.
    10 Year Member at TPU
  9. dorsetknob

    dorsetknob "YOUR RMA REQUEST IS CON-REFUSED"

    Joined:
    Mar 17, 2005
    Messages:
    6,171 (1.35/day)
    Thanks Received:
    8,030
    Location:
    Dorset where else eh? >>> Thats ENGLAND<<<
    they tend to be multinational
    USA acquires info on credit Ratings and worthiness from all over the world ( often from Subsiderys ) we got those B**T**ds here as well.

    ps no she turned her cam offo_O:p
     
    biffzinker says thanks.
    10 Year Member at TPU
  10. biffzinker

    biffzinker

    Joined:
    Mar 23, 2016
    Messages:
    1,045 (1.91/day)
    Thanks Received:
    1,212
    Location:
    AK, USA
    Neither of those, say you want to buy a car but don't have enough so while at the dealership you find a car, and contact the sales minion about purchasing car. They check for you about securing a loan with any local or out of state credit union/banks but in order to do such they also contact the three credit reporting agencies to find out your credit score which has an effect on you procuring said loan.

    It's one of three big names involved in the breach. There's also Transunion - http://www.transunion.com/, and Experian - https://www.experian.com/

    Don't be late on paying your any of your bills say from smartphone carrier or else it will be reported as a negative towards your credit score same for a loan from major bank.
     
    Last edited: Sep 8, 2017
    Rehmanpa and dorsetknob say thanks.
  11. Rehmanpa

    Joined:
    May 19, 2017
    Messages:
    304 (2.41/day)
    Thanks Received:
    91
    Thanks for the explanation. Idk why these people have all this information like that so unsecured. Not to mention it seems quite criminal they waited so long to report on it
     
  12. biffzinker

    biffzinker

    Joined:
    Mar 23, 2016
    Messages:
    1,045 (1.91/day)
    Thanks Received:
    1,212
    Location:
    AK, USA
    How about that, it wasn't just me that needed the loan for transportation to and from work the main purpose of said debt.
     
    Aquinus says thanks.
  13. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    10,237 (4.96/day)
    Thanks Received:
    5,313
    Location:
    Concord, NH
    I have a credit card but, I always keep the balance low and pay it off every month. However, my car gets me to my job that pays me money. My one other set of loans are for my degree in computer science which also enables me to earn more money. Those who are smart about it look at it as what kind of return do you get on your investment and if it's worth the total cost of having said loan.
     
    biffzinker says thanks.
  14. Divide Overflow

    Divide Overflow

    Joined:
    Apr 15, 2009
    Messages:
    430 (0.14/day)
    Thanks Received:
    237
    What did I win?!

    upload_2017-9-8_15-50-50.png
     
  15. theoneandonlymrk

    theoneandonlymrk

    Joined:
    Mar 10, 2010
    Messages:
    4,805 (1.75/day)
    Thanks Received:
    1,474
    Location:
    Manchester uk
    Apparently you need to be careful finding out if you're affected because the terms you sign to find out included signing away your right to sue them.
     
    DRDNA says thanks.
  16. biffzinker

    biffzinker

    Joined:
    Mar 23, 2016
    Messages:
    1,045 (1.91/day)
    Thanks Received:
    1,212
    Location:
    AK, USA
    Update (3:40p ET, 9/8): While New York Attorney General Eric Schneiderman said the forced arbitration terms of service are "unenforceable" and should be removed, Equifax has added language to its "FAQs for Consumers" that the arbitration clause in the "Terms of Use" does not apply to "the cybersecurity incident."

    https://arstechnica.com/tech-policy...im-you-must-give-up-right-to-sue-to-find-out/
     
    theoneandonlymrk and R-T-B say thanks.
  17. Frick

    Frick Fishfaced Nincompoop

    Joined:
    Feb 27, 2006
    Messages:
    14,655 (3.47/day)
    Thanks Received:
    5,361
    Ideally I'd go to the bank first in that situation.

    But car dealers are the literal scum of the earth and they have deep relationships with various entities giving loans so they make less money if you pay the car in cash, therefore it is very hard buying a new car in cash now. At least at a fair price, which in itself is a byzanthian nightmare of a concept.
     
    Last edited by a moderator: Sep 12, 2017
    10 Year Member at TPU
  18. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

    Joined:
    Oct 13, 2008
    Messages:
    20,560 (6.30/day)
    Thanks Received:
    9,703
    Location:
    IA, USA
    You'll get offers in the mail when you're eligible and they really never stop coming. That said, it's like everything else: you have to shop around to find the card that's the best deal for you (interest rate versus reward programs) and also secure (I've had no security problems with Chase). I think the error most people make is they open too many credit accounts (lots of stores give you a discount if you apply for their card and use it at their store). It's important to prevent that by choosing a good one then sticking to it.
     
    Crunching for Team TPU
  19. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    6,923 (1.88/day)
    Thanks Received:
    6,221
    So if you do not want kids or credit, you are "not too smart?"

    Ah, nvm. It's Frick.
     
    10 Year Member at TPU
  20. Rehmanpa

    Joined:
    May 19, 2017
    Messages:
    304 (2.41/day)
    Thanks Received:
    91
    Seems like a credit card can be good in case of emergencies, like a small instant loan. That said it's a loan and you always have to pay the balance off immediately/asap.
     
  21. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

    Joined:
    Oct 13, 2008
    Messages:
    20,560 (6.30/day)
    Thanks Received:
    9,703
    Location:
    IA, USA
    Recommended, yes, because credit cards usually have a >10% interest rate after the grace period. It's a line of credit which basically means a bank has authorized you to spend up to that amount of their money on the condition you repay it. It's more like a perpetual, fluid loan that doesn't end when the balance is zero.

    Most traditional loans (automotive, house, education, etc.) have an interest rate below 10%.

    Back on topic: the credit rating agencies are informed of and keep record of all credit offered to you. That includes loans and cards.
     
    Crunching for Team TPU
  22. P4-630

    P4-630 The Way It's Meant to be Played

    Joined:
    Jan 5, 2006
    Messages:
    8,659 (2.02/day)
    Thanks Received:
    8,368
    Location:
    Vinewood
    R-T-B says thanks.
    10 Year Member at TPU
  23. bogmali

    bogmali Moderator Staff Member

    Joined:
    Mar 16, 2008
    Messages:
    7,375 (2.12/day)
    Thanks Received:
    4,764
    Location:
    Pacific Northwest
    Thread cleansed......Please stay within the scope of the topic.
     

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)