Important Information for JD Bank Customers Regarding the Equifax Data Breach
- Equifax is one of three major credit reporting agencies and handles the data of 820 million consumers and more than 91 million businesses worldwide.
- Those records contained names, birth dates, addresses, Social Security numbers and some driver’s license numbers. At this time, it appears hackers did not gain access to full credit reports.
- In addition to the personal information accessed, 209,000 credit card numbers were obtained.
- Equifax has indicated that debit cards were not exposed – therefore criminals are unlikely to have the ability to withdraw funds from a checking account.
- The biggest risk posed by this breach is the threat of identity theft.
Consumers should visit Equifax’s website to determine whether their information was compromised and may choose to enroll in its free credit monitoring program, TrustedID Premier.
- Equifax is offering free credit file monitoring and identity theft protection to all U.S. consumers for one year following the breach.
- You do not need to provide credit card information to enroll.
- Consumers who sign up for the program will not be automatically enrolled or charged at the end of the year.
- When JD Bank and our customers work together, we can better prevent fraud.
- JD Bank uses a combination of safeguards to protect your information, such as employee training, strict privacy policies, rigorous security standards and encryption systems.
- In addition to using Equifax’s TrustedID Premier, consumers can check their credit reports from Equifax, Experian and TransUnion – for free – by visiting annualcreditreport.com. Unfamiliar accounts or activity could indicate identity theft.
- If you suspect you are a victim of fraud, you should alert JD Bank right away.
- Criminals often take advantage of breaches and craft sophisticated phishing e-mails encouraging consumers to provide personal information.
- Due to the high number of victims, Equifax is only notifying the 209,000 consumers whose credit card information may have been affected via postal mail.
- It’s important that consumers understand the pros and cons to credit freezes and consider their personal situation.
- Renting an apartment, getting quick credit in an emergency, taking advantage of a one-time offer, or even getting a cell phone, all require quick access to your credit report which is restricted during a freeze.
- Fraud alerts are an alternative for people who are concerned about identity theft. It gives consumers added protection without limiting access to credit.
- A fraud alert puts a red flag on your credit report which requires businesses to take additional steps, such as contacting you by phone before opening a new account.
Was my information stolen? If you have a credit report, there’s a good chance it was. Go to a special website set up by Equifax to find out: https://www.equifaxsecurity2017.com/. Scroll to the bottom of the page and click on “Potential Impact,” enter some personal information and the site will tell you if you’ve been affected. Be sure you’re on a secure network (not public wi-fi) when you submit sensitive data over the internet. How can I protect myself?
- Enroll in Equifax’s services.
- Monitor your credit reports.
- Monitor your bank accounts.
- Watch out for scams related to the breach.
JD Bank offers services that help our customers protect their identity. CardValet allows you to control how, when and where your debit card is used with an application on your smartphone. JD Bank has added Card Valet to our fraud prevention tools and it’s great for cardholders who want to proactively manage & monitor their accounts.
Strengthen the security of your JD Bank debit card with CardValet, which conveniently helps you protect your debit card with your mobile device. You can turn your card OFF if it is misplaced or stolen and turn your card ON when it is ready to be used. Also, limit the amount of any transaction for your debit card using great features like transaction controls.
Nothing beats the convenience of your JD Bank debit card – and protecting your card through your mobile device is easy with CardValet. Also receive alerts to know when, where and how your cards are used. CardValet is a great way to manage the risk and help fight fraud.
Safeguard your debit cards. Check out many other great features on the CardValet app now.