Goldman Scarlato & Penny is investigating claims against Equifax on behalf of people whose private information was compromised through a massive data breach.
Equifax announced a “cybersecurity incident potentially affecting approximately 143 million U.S. consumers” on September 7, 2017 through which hackers “exploited a U.S. website application vulnerability to gain access” to consumer’s most sensitive, private data, including names, Social Security numbers, birth dates, addresses and in some cases, driver’s license numbers and credit card information. According to Equifax, the breach began in mid-May and continued through July of 2017.
Although Equifax discovered the data breach more than a month ago on July 29, it didn’t announced the data breach until September 7, 2017, exposing people to potential identify theft in the interim. However, according to Bloomberg media reports, three key executives dumped nearly $1.8 million in Equifax stock shortly after July 29, including Equifax’s Chief Financial Officer, who sold shares worth $946,374. Following Equifax’s September 7 data-breach announcement, shares plummeted more than 13%, causing more than $2 billion in investor losses.
Anyone whose personal information is compromised – especially when it includes Social Security numbers – is at risk for identity theft. Criminals frequently target peoples personal information and use it for a number of illicit purposes including to file false tax returns, make fraudulent claims for health care coverage, open credit accounts in the name of the victim, and more.
Equifax has created a website, www.equifaxsecurity2017.com, for people to determine whether their data has been compromised.
This is the second report of a data breach at Equifax this past year. In May, Equifax announced that W-2 payroll data was breached from its subsidiary TALX.
If you would like to talk to an attorney to discuss whether your private information has been compromised, or you believe that you are a victim of the Equifax Data Breach, please contact GSP to learn more about your rights. GSP attorneys are actively litigating data breach actions against Anthem, 21st Century Oncology, Community Health Systems, Athens Orthopedic, Premera, Intuit, Medical Informatics, Excellus, United Shore, Xerox Mortgage Services, and Target. Please contact Mark Goldman at firstname.lastname@example.org or Doug Bench at email@example.com or call (888) 872-6975 with any questions you may have.