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Security Breach – One Year Later

Credit Monitoring Services Expiring

With the anniversary of the SC Department of Revenue hacking quickly approaching, many of the 1 year Experian ProtectMyID® credit monitoring subscriptions will soon be expiring.  As a reminder, the ProtectMyID® service is good for one year of monitoring from the date you signed up.  Experian began sending out renewal solicitations last week which are likely to create confusion.

As a result of our budget deliberations in June, the General Assembly decided to extend monitoring services.  This time however the provider will be selected through a bid process rather than the emergency selection made following the discovery of the breach.  This selection process is still under way.  The Budget and Control Board is currently reviewing the submitted proposals and should make a decision by the end of the month.  It is too early to know exactly what will be covered by the new contract but I believe it is safe to say the contract will provide equal if not greater coverage than the current services provided by Experian.  At this time, unless your monitoring is set to expire before the end of the month, you may want to wait for details on the new state provided service.

As soon as a decision is made regarding this coming year’s contract, I’ll notify you with what steps you should take to protect yourselves.  You may also contact the Consumer Affairs Identity Theft Division directly.

In the meantime, my staff and I are here to answer any questions you may have on the matter.  Please don’t hesitate to contact our office.

Please share this information with friends and family that may not be aware of this development.

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