Frequently Asked Questions about the Equifax Data Breach

Q: What is Equifax?
A: Equifax is one of the top three players in the American credit-reporting industry, collecting and managing financial information on more than 800 million consumers and almost 100 million business entities. The company is located in Atlanta.

Q: What is the Equifax Data Breach?
A: In mid-May, hackers broke into the files of Equifax. The unauthorized invasion compromised the personal identifying information of more than 143 million Americans, making it the largest data breach in history. More than 200,000 personal credit-card numbers were compromised, and hackers had access to names, addresses, birthdates, Social Security information, and even driver’s-license numbers. This information has now been exposed to criminals for misuse. Equifax waited almost six weeks to publicly disclose the security breach.

Q: What can the hackers do with my personal information?
A: Criminals with access to your personal information can steal your identity and access your financial accounts. They might make unauthorized purchases using your identity or obtain loans in your name.

Q: What did Equifax do wrong?
A: Equifax experienced several data breaches between 2013 and 2016, and Equifax knew a competing consumer-reporting agency, Experian, had previously been breached. Despite knowing how vulnerable it was to data breaches, Equifax failed to take proper measures to secure its data systems and protect consumers’ personal information. Also, in the weeks after Equifax learned of the breach, but before making it public, Equifax executives sold almost $2 million worth of Equifax stock, knowing the value of the stock would drop once the public learned about the breach.

Q: How can I protect myself?
A: Government officials recommend that you monitor your credit report on a regular basis, pay closer attention to your bank statements, put fraud alerts on any credit cards you hold, and file tax returns as early as possible.

Q: What can Bailey & Galyen do for me?
A: If our attorneys determine that you have a valid claim against Equifax, you can join the class action case that has been filed on behalf of those affected by the Equifax Data Breach. In a class action, all plaintiffs with similar claims against a common defendant are represented collectively by one or two similarly-situated persons, eliminating the need for each person to file an individual lawsuit. The Equifax class action asks a federal court to compel Equifax to implement adequate security measures and seeks an award of monetary damages for the members of the class.

Q: How do I know if my personal information was exposed?
A: Equifax has set up a webpage where consumers can check to see whether their personal information has been exposed.

Getting Started – Click here to see if personal information might have been impacted.
If you find that your personal information may have been impacted, then navigate to the Signup Form Page in the Menu and fill in the form to be emailed our Equifax Online Contract.