Important Information on the Equifax Data Breach
September 8, 2017
In the wake of the news that the credit reporting bureau Equifax has suffered a large-scale data breach that has the potential impact 143 million people, we want to reassure our membership that their assets with TFCU are safe.
The data breach exclusively impacted Equifax, and in no way impacted the integrity of TFCU's network or systems. Still, we are working diligently to ensure the integrity of the accounts of our members.
Equifax has reported that the information accessed by hackers primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed. This is a serious matter, and we will be watching your accounts closely.
As a financial institution, we take the safeguarding of your assets very seriously, and our fraud team is working diligently 24/7 to ensure everything stays that way. With a series of high profile data breaches in recent years, we've invested heavily in our IT infrastructure to ensure the safe and secure delivery of your financial transactions.
Equifax has set up a website that concerned consumers can go and check and see if they were impacted by the breach, as well as enroll in their complimentary monitoring services.
You can find Equifax's website here.
Here are some other steps you can take to help protect yourself after a data breach:
- Check your credit reports from Equifax, Experian, and TransUnion — for free — by visiting www.annualcreditreport.com. Accounts or activity that you don’t recognize could indicate identity theft. Visit www.IdentityTheft.gov to find out what to do.
- Benefits Plus offers comprehensive identity theft protection for you and your loved ones. More information on the program can be found here.
- Consider placing a credit freeze on your files. A credit freeze makes it harder for someone to open a new account in your name. Keep in mind that a credit freeze won’t prevent a thief from making charges to your existing accounts. Visit FTC FAQ on Credit Freezes for more information.
- Monitor your existing credit card, credit union and bank accounts closely for charges you don’t recognize.
- If you decide against a credit freeze, consider placing a fraud alert on your files. A fraud alert warns creditors that you may be an identity theft victim and that they should verify that anyone seeking credit in your name really is you. Visit FTC Place a Fraud Alert for more information.
- File your taxes as soon as you can, before a scammer can. Tax identity theft happens when someone uses your Social Security number to get a tax refund or a job.