Equifax Announces Cybersecurity Incident

Equifax Inc. (NYSE: EFX) today announced a cybersecurity incident that potentially impacts approximately 143 million U.S. consumers.  Clients who have had their credit pulled with Summit Bank are unaffected by the breach. Summit Bank uses TransUnion®, an American company that provides credit information and information management services to businesses around the world.

As a result of the Equifax incident, criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized activity on Equifax’s core consumer or commercial credit reporting databases.

Equifax has set up a web site with a message from Rick Smith, Chairman and CEO — https://www.equifaxsecurity2017.com  — that anyone concerned can visit to see if they may be impacted by the breach. If a Summit Bank client has had their credit pulled by another vendor, we suggest a visit to this web site.  The site also lets consumers enroll in TrustedID Premier, a 3-bureau credit monitoring service.

For more information about what to do to protect your personal information, please visit:

https://www.consumer.ftc.gov/blog/2017/09/equifax-data-breach-what-do?utm_source=govdelivery

This article is provided for your informational purposes only.  Summit Bank is not making recommendations on what might be the best option for you.