With the angry glare of the public eye squarely focused on Equifax after announcing a massive breach and blamed it on a computer server flaw other companies had fixed months before, the company is waiving fees on credit freezes. Which is good news because it’s the only thing that’s going to save your bacon.
The company had previously offered victims a free year of credit report monitoring — but customers and advocates were quick to point out that this wouldn’t actually stop anyone’s identity from getting exploited from the data heist affecting nearly 143 million Americans. Hackers would still be able to open up new credit cards and go on spending sprees, apply for other loans or mortgages, and leave you holding the bag for the debt or the bad name.
Source : https://www.nbcnews.com/business/consumer/amp/one-move-make-after-equifax-breach-n800776
