Equifax Data Breach
Equifax reported a breach impacting roughly 143 million Americans. Unauthorized access occurred from mid-May through July 2017. The personal information accessed – names, Social Security numbers, birth dates, addresses and, in some cases driver’s license numbers – is everything fraudsters need to open fraudulent accounts. This could potentially result in fraudulent deposit losses from checks and ACH debits as well as ID theft-related loan fraud losses.
Please be advised this was not a breach of SSCU information or our systems.
While fraudsters could open fraudulent accounts in person at a branch; online account opening and online loan applications are particularly at risk since fraudsters prefer to avoid personal contact in branches. They may target credit unions with nonprofit organizations within their fields of membership due to the ease of qualifying for membership and joining.
Equifax established a dedicated website for consumers to determine if their personal information was impacted and to sign up for credit file monitoring and ID theft protection. Please visit their website here https://www.equifaxsecurity2017.com/.