Equifax Data Breach
As a consumer credit reporting agency, Equifax gathers and maintains consumer information and provides consumer credit and insurance reports and related analytics to businesses including retailers, insurance companies, healthcare, government agencies, along with banks, credit unions, and other financial institutions. In the banking world, an example of how this information is used is in the loan application process, where lenders then view information obtained from the credit reporting agency to determine the credit worthiness of loan applicants. South Atlantic Bank protects the information we receive to the highest degree possible.
Consumers should contact Equifax directly regarding their individual situation:
Tips to Protect Yourself against ID Theft
If you are not already enrolled in a trusted ID theft program that will monitor your personal information, consider signing up for one today. These services offer protection and help in the event your identity is stolen.
- South Atlantic Bank customers have access to IDShield Identity Theft Protection. Visit Safeguards For Personal Accounts for more information.
- Monitor your credit card and checking statements carefully for unauthorized transactions.
- Monitor your account activity using our Online, Mobile, and Text Banking services.
- NEVER divulge personal account information over the phone or via email.
- Consider placing a credit freeze on all credit reports at the major reporting firms. Once frozen, your information cannot be given out to potential new creditors. So if someone is trying to use your identity to open a credit card or get a loan, they will be stopped cold. The sites below have full information on how to place and remove a freeze. Some states charge a fee; South Carolina does not. The websites also provide addresses if you want to contact them via U.S. mail to request a freeze. Bear in mind that these websites are experiencing heavy traffic due to the breach.