On Monday, October 23, 2017 from 5pm to 6pm at Bice Restaurant in Palm Beach, the Foundation for Women's Cultural and Economic Literacy together with Castle Wealth Management are pleased to present a program to address the recent news that Equifax's database has been hacked.
Equifax, the oldest and one of the largest U.S.-based consumer credit reporting agencies, announced a breach of its database affecting more than 143 million people. Equifax collects and aggregates highly confidential information on more than 800 million individuals.
The breach means that hackers exploited a "website application vulnerability" to steal the personal information Equifax collects. Hackers targeted people's names, Social Security numbers, birth dates, addresses, drivers license numbers and credit card numbers. The consequences of this could be catastrophic for the American consumer. Computer security experts have called Equifax's failure to protect consumer information "massively egregious".
The Foundation for Women's Cultural and Economic Literacy knows how important it is for everyone, especially women, to understand their "Credit Identity" and the role their credit record and credit score has on their financial life. Our curriculum has included presentations on factors determining your credit score, how you can build credit, and what to do if your credit has been damaged.
Castle Wealth Management, a fiduciary registered investment advisory firm, has been serving its clients’ needs in the areas of investment management, financial planning, and estate planning, for 20 years. It prides itself on offering a very high level of customer service and taking a holistic approach to advising clients on all their financial needs.
Our program will present ways consumers can be proactive and protect their credit. We will share practical recommendations made by the largest financial services firms to safeguard your information in this highly technical world, where all your financial information is online.
Due to limited seating and materials prepared in advance, please email your reservation to MCabot@FWCEL.org or info@castlewm.com.
