If your information was compromised whether through a data breach or other hack, you could potentially be a victim of identity theft. This occurs when someone uses information about yourself to commit fraud. Examples include making purchases with your credit card or opening new accounts in your name. Both can have negative consequences on your credit score.
Immediately Contact Credit IssuersSome identity thieves will use your information to open a new account in your name.
Place a Fraud AlertThe next step is to contact one of the three major credit bureaus to place a fraud alert on your file. With a fraud alert on your report, businesses must verify your identity first before extending credit. This makes it harder for attackers to use your name to open new accounts. The alert will stay your report for 90 days.
File a Report