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

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