HeartOfDixie
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RE: Equifax says breach exposed Social Security numbers, data from 143M Americans
(09-08-2017 02:22 PM)VA49er Wrote: (09-08-2017 02:18 PM)HeartOfDixie Wrote: (09-08-2017 02:11 PM)VA49er Wrote: Sneaky ba$tards.....
Equifax hack victims could be disqualifying themselves from class-action claims
snippit:
Quote:As Equifax consumers attempt to check whether they are among the 143 million individuals whose information has been compromised in a massive cyber-attack, the consumer credit reporting agency has included a clause on its TrustedID portal that could disqualify victims from joining a class-action suit.
In response to the hack, Equifax has established a website allowing individuals to check whether their personal information has been impacted. However, by using the portal and joining TrustedID, it appears from the terms of service that people are implicitly agreeing to a clause that bars them from taking part in any class action against the company: “Please read this entire section carefully because it affects your legal rights by requiring arbitration of disputes (except as set forth below) and a waiver of the ability to bring or participate in a class action, class arbitration, or other representative action. Arbitration provides a quick and cost effective mechanism for resolving disputes, but you should be aware that it also limits your rights to discovery and appeal.” The caveat was first reported by TechCrunch Opens a New Window. .
On Friday, Equifax updated its terms of service allowing consumers to opt out of this arbitration clause, but that requires them to “notify Equifax in writing within 30 days of the date that you first accept this agreement on the site,” according to The Washington Post.
Class act!
Yep, the idiots made it a two step process though. I started the process but will not complete the process after reading the above info. I imagine lots of other folks will do the same. Besides, I've put the ALERT on my credit files and after all the other hacks that have occurred I have to have at least two or three other monitoring services activated.
I watch mine via USAA but the whole thing is ridiculous.
Part of me says I ought to take out an add and start pulling a bunch of people in about this.
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09-08-2017 02:26 PM |
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