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What It Is

Scammers are looking to cash in on the buzz surrounding the Equifax data breach, specifically the ability for consumers to check their data and file a claim if they were affected.

Who It Is Targeting

Any consumers who may have had their information stolen in the Equifax breach could be at risk of an Equifax settlement scam, but scammers may also seek out people who were not affected in order to sell them protection products.

What You Need To Know

Equifax is one of the three major credit reporting agencies, and they were breached in 2018. More than 147 million consumers had their complete identities stolen by hackers. Now, Equifax has launched its settlement website where you can find out if your information was stolen, file a claim for compensation and apply for credit monitoring. Equifax settlement scammers are capitalizing on the buzz surrounding this new website and have already targeted victims.

What You Should Do About It

  • Make sure you are only using legitimate websites for this process, namely the FTC’s site and EquifaxBreachSettlement.com.
  • You do not have to pay anything to file a claim, look into your data, receive credit monitoring services or otherwise participate in this settlement.
  • Never verify your information for someone who contacts you and offers to find out if you have been affected.
  • Never hand over your Social Security number to someone who contacts you in any way.

Read next…

How to File an Equifax Claim for Data Breach Settlement

SCAM: Your Social Security Number Has Been Suspended

New Tool Breach Clarity Helps Consumers Make Sense of Data Breaches

 

One of the great mysteries of social media—apart from why people need to share photos of their dinner—is what makes someone post false information without hoping to gain from it. These hoaxes sometimes end up going viral and taking on a life of their own, and the original sender only gets a little temporary boost in their visibility online.

There have been a lot of Facebook scams over the years and more than a few hoaxes, too. The key difference between the two is that scams and fraud seek to steal your identity, your money, access to your computer or account or some other criminal gain. Hoaxes, on the other hand, seem to only bring joy to the creator when they watch how many people share the misleading or false information.

A recently reported double-hoax playoff of changes to Facebook’s algorithms, while also requiring the “copy-paste” behavior to make it spread. Earlier this year, Facebook announced that it would adjust what types of posts and content showed up in your feed to make less relevant, commercially-based posts appear less frequently. It didn’t take long for people to assume Facebook was censoring posts and blocking some of your friends.

This hoax takes that fear to a new level and urges participants to “sneak” into a separate Facebook news feed, accessible only by copying and pasting their message into a new post. The message specifically states that you will be able to “bypass” Facebook’s algorithms and see posts from friends you haven’t heard from in years.

Unfortunately, it’s not true. There is no secret backdoor Facebook newsfeed hidden beneath fancy computer code, and copying the message to share with all of your friends will only highlight the fact that you  fell for a phony message. Sadly, engaging in comments to inform your friends that their post is a hoax will have the same engagement effect and cause the hoax to continue to spread.

Whenever you come across a social media hoax, it’s better left untouched. Don’t click “like” or any of the angry/frustrated emojis, don’t comment on it and don’t share it, even accompanied by a message that warns people of the hoax. Any engagement you give it simply gives it more visibility and power. If there is anything dangerous or compromising about the post that could lead to loss of money or data, try to message the person who shared it privately and explain the issue.


Contact the Identity Theft Resource Center for toll-free, no-cost assistance at (888) 400-5530. For on-the-go assistance, check out the free ID Theft Help App from ITRC.

Read next: The Harm in Hoaxes on Social Media

Labor Day is just around the corner, and perhaps no one is looking forward to the long weekend more than scammers and identity thieves. The three-day holiday lends itself to a wide variety of ways to steal your money, your personal data or both, so it’s important to brush up on how to spot a possible scam in order to avoid it.

Travel Scams

This particular holiday is traditionally a time for families to take one last quick getaway for the season. In 2015, travel and road service organization AAA said that an expected 35.5 million Americans travel over the three-day weekend. Unfortunately, another statistic can put a damper on those plans: according to the Better Business Bureau, vacation scams cost U.S. consumers around $10 billion per year.

While the internet has grown into an excellent resource for finding steep discounts and bonus packages on travel, accommodations and meals, it’s also a snare that can lead straight to a scammer. It’s important to be on the lookout for flashy pop-up ads, awkward or incorrect wording and spelling in emails or deals that are so cheap that they’re not believable. Remember, just clicking a link and looking into some of these deals can have repercussions if the website the scammer created installs malicious software on your computer.

Play it safe and only use trusted companies to book your hotel, flight or other vacation needs.

 

Skimming

Thieves can insert skimming film into the card reader of a gas pump, point-of-sale system, even a restaurant payment card machine, and that film can nab all of the account information off your card. It’s then transferred onto a blank magnetic stripe card and used in physical locations (which will not necessarily trigger a “suspicious purchase” alert from your card since the card was present at the transaction). You need to be on the lookout for this common holiday travel pitfall, even if your travel plans don’t take you any farther than the local lakeside or park.

If a gas pump or POS payment machine looks tampered with, you might consider using a different pump, going into the store to pay or even using a different payment method. If you’re eating out and the server has to leave with the card to make payment, you could also fall victim to skimming. It’s always a good idea to look over your account statements routinely, but especially after any kind of holiday or major event.

 

Shopping Scams

Are you staying home this year? Labor Day might be a great time to take advantage of a number of sales and discount specials, but buyer beware, phishing emails that offer you massive discounts can redirect you to phony websites. Once there, you enter your personal information and payment card account, only to have it stolen by a scammer.

Fortunately, many retailers—both physical and online—advertise their upcoming holiday specials in advance. If you’re buying a high-end item, you should have plenty of time to look for the best deal and find the most reputable retailer.


Contact the Identity Theft Resource Center for toll-free, no-cost assistance at (888) 400-5530. For on-the-go assistance, check out the free ID Theft Help App from ITRC.

Read next: The Harm in Hoaxes on Social Media