What is the biggest threat from the Equifax breach? Account takeovers

December 14, 2017

Via: CSO

Yes, there will be some tax and banking fraud as a result of the gargantuan data breach at Equifax. The biggest impact, however, will be felt by enterprises that rely on credit reporting bureaus to verify the identity of people they are doing business with.

Think employment verification, social services verification, and other forms of identity verification that rely on credit reports.

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