According to experts, both legal and cyber, the website that Equifax have put together to help consumers has a wrinkle – you must sign away your legal rights to sue Equifax if you sign up for their monitoring.
After Equifax’s massive data breach, some customers are thinking twice before accepting the credit bureau’s help.
After a data breach that impacted a potential 143 million U.S. adults, Equifax EFX, -0.54% created a website that would allow consumers to check if they were affected. Customers who were told their personal information may have been impacted were given the following message: “Click the button below to continue your enrollment in TrustedID Premier.”
There’s one catch: Those who signed up to this TrustedID Premier security monitoring service for a year appeared to waive their rights to participate in a class-action lawsuit. Some consumers quickly detected these conditions included in the terms of Equifax’s service.