The Equifax hacking scandal clearly illustrates three important issues for U.S. consumers.
First, what we used to call credit bureaus are now data miners and data sweepers. These firms sweep the entire electronic world for your data, collect it, collate it and sell it.
Those long, almost unreadable “terms of service” statements we routinely click – we surrender most of our rights to privacy and often our rights to due process (via mandatory arbitration clauses).
So unless you live in a log cabin in the wilderness and live by barter you are in the system and you are vulnerable.
Second, cybersecurity is not really effective when lots of people receive large paychecks for being incompetent. Even well run organizations are subjects to hacks. There is no escape.
Third, once the breach happens it is difficult to “unscramble the eggs.” No one really knows how to fix the problem?
Equifax failed to disclose the breach in a timely manner, set up a useless website to suck you in, and then wanted to sell you data protection services. No ethics in that company.
You are on your own – be very careful.