The Equifax Data Breach – A Historic Data Disaster

by Andrew L. Bareham, CPA

Like most Americans, you probably have a credit report stored on the computers of the three main credit reporting agencies (CRA) – Equifax, Experian, and TransUnion. These credit reports show in detail your financial credit history and personal data. Starting in May of this year Equifax’s data files were breached and the very sensitive personal information of 143 Million consumers was stolen. Listed below are some steps you can take to reduce your chance of identity theft.

Data breaches have become very common. However, the Equifax breach is different because of the number of Americans impacted and sensitivity of the data that was stolen. Be safe!

Andrew L. Bareham, CPA at Bareham CPA, PA in Lutherville Maryland. Specializing in tax consulting and proactive advice for small business owners.