Claim Your Equifax Settlement Cash, But Beware Of Scammers

If you were affected by the largest data breech in U.S. history, you can claim $125 in cash, free credit monitoring or compensation for time you spent dealing with the hack.

By Shelly BrisbinAugust 1, 2019 4:16 pm

News broke this week that a hacker stole information belonging to 100 million people from Capitol One databases. It’s just the latest in a rash of data thefts. In 2017, 143 million Americans had their data stolen – social security numbers, drivers’ license information, credit card numbers – in the Equuifax breech, the largest breech in U.S. history.

Under a settlement with the Federal Trade Commission, consumers are able to receive compensation for their losses. Though, with a difficult claims process and swarming Internet scammers, clients should be careful about releasing more information. Tech expert Omar Gallaga says consumers can apply for compensation at the FTC website. 

What you’ll hear in this segment:

– What options are available for consumers affected by the Equifax breach 

– How to avoid being scammed while making a claim 

–  Why the new Capital One breach is different from the Equifax breach