Wednesday, September 13, 2017

Equifax Hack may affect 143 Million Americans

Equifax Hack may affect 143 Million Americans

Equifax, one of the leading credit reporting companies, said that hackers may have gained access to the personal information of 143 million Americans, including social security numbers and driver’s license numbers.  Equifax is the epitome of Big Data, collecting every bit of data about us, and then trafficking in that data for huge profits.

To Check if you were affected, go to and click on the Check Potential Impact tab. You must submit your last name and last six digits of your Social Security number there.

The Problem is widespread
The problem with the current state of Cyber-Security is that they only focus on keeping intruders out, and when that fails our personal privacy and financial security is compromised. With the data that was hacked, thieves can now open up credit card accounts, take out loans and even gain access to our bank accounts. The current system is designed for Big Data to quickly and easily profit from our personal information, and often that is at the expense of our personal privacy and security.

 New Laws

The Equifax hack has already generated a tremendous outcry from both Washington and State lawmakers to put in place new laws and rules that require Big Data to better protect our information. The personal privacy protection that DatChat has been focused on is now coming to center stage.

DatChat has the Solution & Perfect Timing
 The Personal Privacy Platform and the core technology that DatChat has developed is focused on fixing two major security flaws in the current system:

 ·     Protecting & Controlling our information after we hit send or submit.
 ·     Making our information useless to an intruder should they get it

 The file storage and financial transaction components of our personal privacy platform are the ideal solution for Big Data to protect our critical personal and financial information.  Additionally, the new laws that will most probably result because of the Equifax hack will make our platform essential.

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