August 6, 2019
The 2017 Equifax data breach was the largest in history…with 147 million Americans affected. If you were one of them, you may be entitled to compensation.
The Federal Trade Commission ruled Monday, July 29, that Equifax will have to pay up to $700 million in individual compensation and civil penalties because of the hack.
According to the commission's online claims process, those whose personal information was exposed can opt for 10 years of free credit monitoring, which breaks down as follows: Four years via the three major credit bureaus (Equifax, Experian and TransUnion) and six years specifically through Equifax.
However, if you already have credit monitoring, you can choose to receive $125. For those who had to spend time and money as a result of the breach, Equifax can provide larger sums—up to $20,000. Losses can include unauthorized charges on your accounts, attorney or accountant fees, the cost of freezing or unfreezing your credit report, or the cost of credit monitoring.
You can file a claim through Equifax's data breach settlement page. Equifax has a website where you can quickly check if your personal information was exposed.
The deadline to file a claim is January 22, 2020 (this is the last day to file online and the postmark deadline for mailed claims).
If you’re starting a second business, then you know everything that’s involved with a business launch. However, there are a few business basics that every entrepreneur should revisit before diving into another enterprise. Consider these business basics and then put them into a well-thought-out business plan:
The 2019 small and midsized business (SMB) Cyberthreat Study from Keeper Security reported that nearly two out of three SMB owners do not feel threatened by or are not concerned about cyber attacks. Yet, in the previous year’s study, two out of three business owners reported falling victim to some level of data breach.
We can all get caught up in the day…meetings, calls, texts, emails and the myriad of other workday demands that pile up quickly and can create unwanted stress.