Thousands of small business owners may have had their personal information exposed recently due to a security flaw on the SBA website.
The Small Business Administration said Tuesday that the personal information of over 7,000 business owners applying for economic injury disaster loans was potentially seen by other applicants on the SBA website on March 25.
All small business owners whose information may have been exposed have been notified, and have been offered a year of free credit monitoring. The SBA said there was no evidence the exposed data has been misused. The information included names, Social Security numbers, birth dates, financial information, email addresses and phone numbers.
Dr. Nitin Chhoda analyzes the letter, and outlines 2 actions that should be taken right away by everyone looking to protect their identity
1. Sign up for a credit monitoring service
2. Freeze your credit at all 3 credit bureaus