BankThink Equifax breach threatens bank reputations, too

americanbanker.com

“However, while determining any potential legal liability is important, it is not the most important issue that banks should address immediately. Rather, the core question is how can the bank protect its customers? Should it be reactive or proactive?”

The answer is proactive. It is time for banks and other companies to put the customer first and truly protect them and their identity. The suggested credit monitoring will not protect the consumer or their personal information. The proactive solution needed can be found at Tascet, where we provide privacy, security and anonymity. Consumers should expect nothing less.