If its unenforceable, then why is the NY AG trying to get Equifax to remove it?

There's no financial penalty for a data breach, and arbitration clauses are perfectly legal.

Anyone who even checked if their data was breached automatically opted out of a class action. washington post

AGREEMENT TO RESOLVE ALL DISPUTES BY BINDING INDIVIDUAL ARBITRATION. 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.

EFX is a 15 billion dollar corp, with less than 1 billion in net assets, (even with its current "intangibles") , just saying

This isn't true. There are financial penalties (imposed by individual states) for data breaches and every single state AG will come after Equifax for their failure to exercise due care. These penalties will be substantial, but not back-breaking.

That being said, there's no civil cause of action for a data breach unless the plaintiff can show material adversity from their data being leaked. Data being leaked in and of itself is not actionable unless there are negative repercussions associated with it. That's a pretty high bar and plaintiffs have generally not had any success surpassing it for data breaches.

The class-action that was filed this morning will either be dismissed outright or settled for a nominal amount.

so theres no confusion? Lol. After telling them its unenforceable its only logical the next step is telling them to take it down aswell.

absolutely, so the avg person does not get discouraged to have equifax give them their credit reports and credit monitoring

Right, and I should have clarified that a person has to show financial harm to join a class action.

If I'm one affected by the breach should I be putting temp holds on my credit for now or just keep a very close eye on my reports?

Kaspersky has been linked to the russian spying ordeal... SYMC is going to be a nice little play next week.

lol in Canada Equifax still hasn't even said a word. So good.

Credit monitoring does not protect you from anything. It simply a service that will alert you if there's suspicious activity on one of your accounts. It doesn't do anything to prevent ID theft or financial fraud against you.

The best move imo is to place a security freeze on your credit with all the credit reporting agencies. This will prevent a hard pull on your credit report so that it's impossible for anyone (including you) to get a new cc/bank account/loan/etc. using your identity. Security freezes cost about $10 per agency, but it will depend on which state you live in.

If you need to do something that would require a hard pull, all the agencies will allow you to lift a freeze for 24 hours at no charge.

Links to place security freezes at all the credit agencies:

https://www.transunion.com/credit-fr...-credit-freeze
https://www.experian.com/freeze/center.html
https://www.freeze.equifax.com/Freez...onalIDInfo.jsp
https://www.innovis.com/personal/securityFreeze

edit - answered my own question.

Crazy to me that I'm going to have to spend $ because of this. We where planning on buying a home next summer so I'm thinking I don't I have much of a choice. Also found out my wife's info has been compromised to so Yay 2x the money

I wish this would shine enough of a light on how much of a joke our current "credit" system is. If one of the companies in charge is this negligent...man. Idk. Makes me sick

So the site to check if you are affected doesn't actually work. It's providing different results for the same information. Looks like it's not actually capable of checking if you where really affected. Makes it seem like they threw the site up to get people to opt in for monitoring and waive their right to sue. Scummy AF.

In a perfect world we could all boycott equifax to show we don't trust them. We can't do that though. No one actually chose to use equifax.

https://m.slashdot.org/story/331051

Says my wife was affected. Should she sign up for the Equifax thing? It will void her ability to join class-action lawsuit - right?

i would continue monitoring your credit. here are some guides/information: http://frequentmiler.boardingarea.co...than-the-hack/,
http://frequentmiler.boardingarea.co...bonus-hunting/

Even before the breach, equifax was probably the scummiest organization on the planet. If you run a credit report, their scummy agents will try to sign you up for some bs monthly charges, even if you say no they sometimes sign you up anyway. Execs deserve jail, unfortunately we rarely see any justice in these scenarios.

Reddit advice from a similar "subforum"

https://np.reddit.com/r/personalfina...urity/dmqdld2/

Canadians:

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.


http://globalnews.ca/news/3741715/eq...-u-s-affected/

I'll hold my breath...

Find out if your data was breached

http://www.wasmydatabreached.com/

With my luck some Nigerian kid probably has two credit cards and a mortgage in my name

Shorting Equifax is like the erection that never ends. It's not bad.

hahaha

https://krebsonsecurity.com/2017/09/...ta/#more-40712

11 billion now.. i covered , but i wonder whats the further possible downside.