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How To Protect Your Credit After Equifax Hack


Like millions of Americans -- 143 million to be precise -- I'm still hacked off about the breach of Equifax credit files. The company's cybersecurity and response was appalling and several Equifax execs conveniently retired and sold company stock.

Worse yet, according to Bloomberg, Equifax may have known as early as March that its systems were breached.

Since the news broke more than a week ago, the Federal Trade Commission said it was probing the matter, along with several state attorney generals.

Since the credit reporting business is loosely regulated, Congress needs to step in.

Although you can request fraud alerts through your credit card companies, thieves may still be able to steal your credit files.

Other than those actions, what can you do?

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Julian Schubach is an Investment Advisor Representative of Nosuris, Inc., a New York State Registered Investment Advisory. Investment Advisory Services are offered through Nosuris, Inc., a NYS Registered Investment Advisory. Please visit www.Nosuris.com for additional disclosures. Check the background of this firm on FINRA’s BrokerCheck.

©2016 by Julian Schubach