A New Challenger to Equifax’s Employee Verification Service

A New Challenger to Equifax’s Employee Verification Service

6/30/2018

link

https://www.nytimes.com/2018/04/11/your-money/equifax-challenger-truework.html

summary

This article discusses the emerging trend of companies offering services to verify employment history and income. The Equifax data breach in 2017 resulted in the exposure of personal information for millions of people, including Social Security numbers. As a result, there has been a growing demand for more secure and reliable systems for verifying employment and income. The article profiles a company called Truework that aims to address this need by providing a platform for employees to grant secure access to their employment and income data to authorized third parties, such as lenders or landlords. The article also explores the potential benefits and challenges of using such services for both employees and businesses.

tags

equifax ꞏ truework ꞏ data breach ꞏ credit reporting ꞏ personal information ꞏ consumer protection ꞏ cybersecurity ꞏ identity theft ꞏ financial privacy ꞏ financial security ꞏ credit monitoring ꞏ credit history ꞏ credit freeze ꞏ employment verification ꞏ data security ꞏ personal data ꞏ financial industry ꞏ financial services ꞏ credit reporting agencies ꞏ data protection ꞏ privacy breach ꞏ information security ꞏ data privacy ꞏ data integrity ꞏ personal identity ꞏ consumer rights ꞏ consumer data ꞏ personal finance ꞏ financial information ꞏ credit scores ꞏ creditworthiness ꞏ fraud prevention ꞏ credit fraud ꞏ financial fraud ꞏ financial records ꞏ personal records ꞏ data management ꞏ data sharing ꞏ sensitive information ꞏ online security ꞏ online privacy ꞏ regulatory compliance ꞏ data accuracy