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Money Equifax hack fallout limited for Canadians

10:08  14 september  2017
10:08  14 september  2017 Source:   msn.com

Few answers for Canadians in Equifax hack

  Few answers for Canadians in Equifax hack MONTREAL - A large-scale security breach at credit monitoring company Equifax has already attracted the attention of Canadian class-action lawyers and the country's privacy commissioner as the fallout from the massive hack gathered momentum Friday and thrust corporate concerns about cybersecurity into the spotlight. Several class-action law firms are circling after the Atlanta-headquartered company revealed on Thursday that it was the victim of a cyberattack during the summer that exposed the personal information of 143 million Americans and an unspecified number of Canadians.In the U.S.

Equifax hack likely affected only Canadians with dealings in U.S.

Read more: Canada ’s privacy watchdog launches probe into Equifax hack . Equifax Canada did not respond to questions about the number of Canadians who may have had their personal information stolen or whether the potential fallout is limited to Canadians with credit files in the U.S.

TORONTO - Equifax Canada's customer service agents are telling callers that only Canadians who have had dealings in the United States are likely to be affected by the massive hack announced last week.

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Equifax Inc

EFX

Few answers for Canadians in Equifax hack

  Few answers for Canadians in Equifax hack Few answers for Canadians in Equifax hackSeveral class-action law firms are circling after the Atlanta-headquartered company revealed on Thursday that it was the victim of a cyberattack during the summer that exposed the personal information of 143 million Americans and an unspecified number of Canadians.

Also, we are now finding out that Equifax has not just had security problems here in the United States. In Canada , sensitive data belonging to 10,000 consumers may have been hacked in the breach, said a statement from the Canadian Secret 12 – Vitamin B12. Limited Advanced Release.

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The credit monitoring company's call centre staff say that Canadians who have Equifax accounts in the U.S. could be at risk of having their data compromised, such as those who have lived, worked or applied for credit south of the border.

The Canadian Press made multiple calls as consumers to Equifax Canada's customer service line and were told that consumers whose credit files were not checked outside of Canada are unlikely to be part of any breach.

Equifax Canada did not immediately respond to requests for comment.

  Equifax hack fallout limited for Canadians © Provided by thecanadianpress.com

Equifax said last Thursday a security breach occurred over the summer that compromised the private information of up to 143 million Americans, along with an undisclosed number of Canadians. But the company has been tight-lipped about further details, including how many Canadians may have been exposed.

Canadians in the dark after Equifax hack

  Canadians in the dark after Equifax hack TORONTO - Canadians are asking questions in the aftermath of the Equifax hack because they are more in the dark about whether they have been victims than consumers in the U.S. Consumers in the U.S. can check their status on a website that shows whether they are at risk as well as monitor their files for free because the company waived a charge in the wake of the data breach. But that website doesn't work for Canadians and the Equifax Canada website says it costs $19.95 per month for the same monitoring service.

Equifax Canada's website says that "only a limited number of Canadians may have been affected" and "the breach is contained."

"We are working night and day to assess what happened," the credit monitoring company says on its Canadian website.

Canadian and American credit files must be kept separate due to differences in the various laws within the U.S. and Canada, according to the Equifax Canada website.

However, American companies can pull Canadians' files in Canada with consumers' permission, according to credit risk expert Mike Morley.

"Let's say you're a Canadian applying for a mortgage in the U.S. for your cottage... They will make a decision based on your Canadian credit information," Morley said.

That would generate a U.S. credit file for the consumer, he said.

Morley added that Canadians who live and work south of the border would have their credit history in Canada in various situations, including when applying for a credit card, or even by a potential employer or landlord.

Equifax says server first compromised on March 10 .
<p>It disclosed the findings after details of a report by cyber-security firm FireEye Inc that was sent to some Equifax customers were reported by the Wall Street Journal earlier on Wednesday.</p>It disclosed the findings after details of a report by cyber-security firm FireEye Inc that was sent to some Equifax customers were reported by the Wall Street Journal earlier on Wednesday.

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