Largest Data Breach in History: What You Need to Know

| Tedis Baboumian |

A major data breach has compromised personal information of all Americans, risking identity theft. Dovly AI helps protect you by monitoring your credit for suspicious activity and offering a $1M ID theft insurance policy. To protect yourself, freeze your credit, use a banking repository freeze, and get an IRS IP PIN. Stay proactive with Dovly AI to secure your financial future.

Unless you’re living under a rock, you’ve probably heard the news about the latest and largest data breach in history. Hackers stole the social security numbers and other personal data of every American. The hackers gained access to the personal information of ALL AMERICANS. This includes Social Security numbers, current and past addresses and the names of siblings and parents — personal data that could allow fraudsters to infiltrate financial accounts or take out loans in your name.

Luckily, Dovly AI has your back. 

Dovly AI monitors millions of data points per second making sure your data stays safe. We also analyze your credit report for any fraudulent or suspicious activity. We look for new inquiries, new accounts, address changes, large balance changes and we’ll notify you if we see something.

Your Dovly AI membership also includes a $1M ID theft insurance policy. If your identity is stolen and used fraudulently, Dovly AI can help you fix your credit and recover money that was lost, so you can sleep peacefully.    

Please take immediate steps to freeze your credit 

Here are the steps you should take to minimize any personal impact (we cannot complete these on your behalf)

1) Protect yourself by freezing your credit reports

If you don’t plan to apply for a new loan or credit card in the near future you should freeze your credit. This is a step you can take to protect yourself by taking control of your credit report. Potential creditors are unable to access your credit report when you have a freeze in place unless you have it unfrozen, and no new accounts can be opened in your name. You’ll want to freeze your credit with all three of the major credit bureaus using the links below: Experian, Equifax, and Transunion. You’ll also want to freeze your credit with LexisNexis, a secondary credit reporting agencies. Make sure to also upt-out of LexisNexis data products using this form.

2) Freeze banking repository

This is another security measure that prevents prevents the approval of new checking, savings, credit card and/or loan accounts in your name without your express consent, and is free to request. Check it out here.

3) Get an IP PIN from the IRS to prevent future tax identity fraud

Reach out to the IRS to request an Identity Protection PIN (IP PIN), a six-digit number that provides another way for you to prevent identity thieves from filing fraudulent tax returns using your personal information.

4) Stay calm and be proactive

Additional steps you should take include protecting your data by using a password manager, rolling all your passwords, and enabling 2 factor authentication on your logins.  

As alarming as this situation may seem, taking the right steps can make all the difference. Dovly AI’s proactive approach, combined with your diligence, creates a strong defense against potential fraud. Continue to monitor your accounts and rely on us to alert you to any suspicious activity. Together, we’ll keep your financial future secure.

 

Frequently Asked Questions

What is a data breach, and how does it happen?

A data breach occurs when unauthorized individuals gain access to sensitive or personal information stored by organizations. Breaches can happen due to weak security measures, insider threats, or targeted cyberattacks by hackers.

How can I tell if my personal information was compromised?

You may receive a notification from the affected company or organization about the breach. Additionally, unusual activity on your credit report, like unexpected inquiries or new accounts, could indicate that your data was stolen. Regularly monitor your credit report and use services like Dovly AI for real-time alerts.

Is freezing my credit the same as signing up for credit monitoring?

No. Freezing your credit prevents creditors from accessing your credit report, stopping unauthorized accounts from being opened in your name. Credit monitoring tracks your credit report for changes and provides alerts for suspicious activity. Both steps can work together to enhance your protection.

How does Dovly AI help protect my credit?

Dovly AI offers a free AI-powered credit engine to monitor, manage, and improve your credit. It alerts you to changes on your credit report, helps you dispute errors, and even provides ID theft protection with its Premium service, including a $1M insurance policy to recover lost funds in case of fraud.
Tedis Baboumian
Tedis Baboumian is Dovly’s Co-Founder and Chief Credit Officer. With over 20 years of experience in the consumer credit industry, Tedis is an authority on the credit industry and has cultivated deep… Read More