Privacy Perils: Data Breaches, Credit Reports and Credit Freezes … Oh My!

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Bass, Berry & Sims PLC

In the wake of a data breach, you should review your credit report and, where appropriate, institute a credit freeze. A one-stop website where you can connect to: (1) the official website to order your free annual credit reports from Equifax, Experian and Transunion; (2) the security credit freeze application pages of each of those companies to place free security credit freezes on your credit reports; and (3) identitytheft.gov to report identity theft fraud and get a recovery plan can be found here.

Remember to space your credit report requests throughout the year since you are entitled to just one free report annually from each of the companies.  Also, since a credit freeze on your accounts can have significant practical consequences, institute one wisely and only when necessary.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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