Pharmacy Growth

What Pharmacy Owners Need to Know About the Equifax Data Breach

In light of the Equifax data breach, Chris Sykes of Sykes & Company, P.A. shares crucial information that will help pharmacy owners minimize risk. He describes red flags to be aware of, including phishing emails and calls, as well as what you can do to prevent identity theft in the future.

CORRECTION: When freezing your credit file with one of the three credit bureaus they WILL NOT contact the other two bureaus to initiate a freeze also. However, when issuing a fraud alert with one of the three bureaus they WILL contact the other two bureaus to initiate a fraud alert. A fraud alert placed on your credit file will alert lenders that you may be a victim of fraud. This is a proactive measure you can take so that the potential lender will contact you prior to issuing a line of credit in your name. We apologize for the confusion on this. Thank you.

From Experian: When you request a fraud alert be added with any of the three major credit bureaus, the bureau you contacted will notify the other two and alerts will be added with those bureaus as well. A fraud alert or initial security alert will warn lenders that you may have been a fraud victim. This extra precaution will notify the potential lender that they should contact you before granting any new line of credit in your name. This fraud alert will stay on your credit report for 90 days.

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