Everything you need to know about the Equifax data theft and protecting your identity.

“Watchdog, could you do a column on what steps to take to try to protect those affected by the massive Equifax breach? I want to move forward in trying to protect us, but am not sure what all I need to do.” — Cheryl DeJulius, Plano

Right on, Cheryl. Let’s do this.

Dave, how bad is the data theft?

Bad. Bad. Bad. Six out of every 10 American adults are affected. Thieves stole names, birth dates, addresses, Social Security numbers and some driver’s license numbers. Consumerist.com calls it “the identity theft jackpot.” Imagine how quickly any two-bit crook can do damage with that information. They can raid your bank account, file false tax returns with the IRS in your name, open accounts anywhere pretending to be you.

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Equifax handled the crisis correctly, right?

Are you kidding? This is a classic example of an American company screwup. Put aside, for now, the loss of highly personal data, Equifax failed to announce the theft for more than a month. The announcement was without details. The company’s offer for one year of free ID theft protection was insincere and designed for profit. The personal ID numbers assigned by Equifax to complaining customers were easy to crack because they were date and time stamped.

Read the rest of the story with lots of tips at DallasNews.com,  where this story first appeared, here.

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Watchdog Dave Lieber of The Dallas Morning News is the leader of Watchdog Nation, which shows Americans how to stand up for themselves and become super consumers.

Read Watchdog Nation’s “origin” story here.

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