Equifax is a consumer credit reporting agency. Equifax collects and aggregates information on over 800 million individual consumers and more than 88 million businesses worldwide. The headquarters is located in Atlanta, Georgia. Equifax has investments in over 24 countries from North America to Asia.
In September of 2017, Equifax had offically announced a data breach in their system. This impacted the lives of 147 million people by releasing their personal information. This hack was worldwide impacted the lives of people in Europe and Asia. This can effect your family as the data of your parents are out, and there's no way in stopping others from getting their information. This can lead to families losing money, and being unable to pay for certain items. As the information of peoples personal information was spreading throughout the air, many became cautious in trusting their credit union for nobody knew if there would be another data breach with their credit union. Equifax's data breach led society in a place of doubt in whether or not their money is truly in good hands.
As some people weren't effected by the data breach, are you sure that you weren't effected yet? You can find out if your data was breached by unauthorized charges from your credit that you never made, or if someone stole your identity and you were found in a different part of the world. If any of these events has happened to you then you were effected by a data breach. However, if you were hacked, Equifax has has returned $130 dollars to the families that were effected. This is barely enough money to cover all of the lost money from the breach.