CUNA Mutual Group Risk Alert: Equifax Breach Could Result in ID Theft Losses for Credit Unions

Equifax, one of the three major consumer reporting agencies, recently announced a breach impacting an estimated 143 million U.S. consumers. Fraudsters could use the stolen data for years to come to open fraudulent accounts and obtain loans. Credit unions should alert staff to be cautious when opening accounts and processing loan applications. Click here for the full alert.