Connect with us

Personal Finance

Was my Social Security number stolen? National Public Data breach questions

Published

2 years ago

on

Glowimages | Getty Images

You may have never heard of National Public Data, yet your personal information may have been compromised in the company’s recent massive data breach.

The background check company, which is owned by Jerico Pictures Inc., recently released details of the breach after a proposed class action lawsuit alleged 2.9 billion personal records may have been exposed. Other reports suggest the amount of records leaked may have been more than 2.7 billion.

In an official data breach notice filed in Maine, National Public Data indicated 1.3 million records may have been breached, said James E. Lee, chief operating officer at Identity Theft Resource Center, a non-profit organization focused on mitigating risks of identity breaches and theft.

“It is entirely possible that it is that low; it’s also entirely possible it’s higher,” Lee said of the number of people affected.

More from Personal Finance:
Social Security cost-of-living adjustment may be 2.6% in 2025
Here’s the inflation breakdown for July 2024
A U.S. construction boom is sending rents lower

The information breached may have included Social Security numbers, names, email addresses, phone numbers and mailing addresses, National Public Data states on its website.

A third-party bad actor may have hacked into the data in December, with potential leaks of the information in April and over this summer, the company said on its website. National Public Data did not return a request for comment by press time.

As cyber professionals dig into the breached data, they’re finding that not all of it is accurate and much of the information was already available. “The reality is there’s nothing new in this data,” Lee said.

Still, experts say news of the breach is a great reminder to take steps to protect your personal information. Here’s a roundup of answers to common consumers are asking now.

Can you be affected even if you’ve never heard of National Public Data?

Yes. National Public Data is a background check company that provides information either through legitimate sources or by scraping it off the web, Lee said. Because the data is collected more casually, it can be gathered without consumers’ permission and outside of certain regulations. As a result, it may be inaccurate or outdated, he said.

Certain information, such as when you buy a house or pay property taxes, technically is public record, said Cliff Steinhauer, director of information security and engagement at The National Cybersecurity Alliance, a nonprofit focused on cybersecurity awareness and education. Companies can collect and aggregate that publicly available data to gather a picture of who someone is, he said.

“You have varying levels of companies’ ability to protect the data that they’re collecting, and they may not fall under any regulation to do so because it’s like public data to begin with,” Steinhauer said.

Identity theft is where bad actors are focusing their attention, says CyberArk CEO

Is there a way to know if your Social Security number has been affected?

Certain cyber groups have set up websites to enable individuals to search to see if their personal data was affected by the breach, Lee said. One site — NPDBreach.com — allows for a search by full name and zip code, Social Security number or phone number. Another site — NPD.pentester.com — allows for search based on first name, last name, state and birth year.

“I certainly don’t recommend anybody enter their Social Security number” in the sites, Lee said.

By entering your name, you may get a sense of what information, if any, has been shared. The good news is most people are finding information that has been leaked is inaccurate, Lee said.

What is the best way to protect your personal information?

If you find you’re included in the breach, the steps you should take are not necessarily new.

“There’s nothing additional you should do that you haven’t hopefully have already done, or you know now to do,” Lee said.

Freezing your credit should be at the top of that list. Be sure to submit requests to each of the three major credit bureaus — Equifax, Experian and TransUnion.

A freeze will help block access to your records by bad actors. However, keep in mind you will need to either temporarily or permanently unfreeze your credit if you want to apply for a new credit card or auto loan, for example.

As you freeze your credit, be extra vigilant that you are on the legitimate websites of the credit bureaus, and not look-alike sites aimed at stealing your personal information.

Additionally, you should change all your passwords, particularly if you have repeated passwords among multiple websites. Ideally, you should enable multi-factor authentication for personal websites to help keep your financial data secure. Also, never share your personal information while using public internet.

Is it worthwhile to pay for extra protection?

In addition to freezing your credit, there are ways to purchase additional protection.

Sites like National Public Data may allow for individuals to opt out of being included in their data collections. However, because there are so many data brokers, it can be time consuming for consumers to contact each one, Steinhauer said. To help, consumers can pay for a data broker removal service that will contact the websites on their behalf.

Additionally, identity theft monitoring tools will let you know if someone tries to open an account using your personal information.

Dark web monitoring services can let you know if your information was found in a data breach that was published on the dark web.

How on-time rent payments can help 'credit invisible' consumers be seen

Can you be entitled to money damages if you’re affected by the breach?

While legal organizations may tout the idea that money damages may be available to people affected by the breach, any sums that are eventually paid likely won’t be meaningful, Lee said.

“You’re not going to get a lot of money,” Lee said.

After the 2017 Equifax breach affecting more than 147 million consumers, for example, people reported receiving lawsuit payouts in late 2022 of less than $3 in some cases, while other said they got around $40.

The goal of the solicitations is often to build a multi-state, multi-jurisdiction class action lawsuit, which may consolidate multiple lawsuits.

However, they will need to prove actual harm came from this specific data breach, Lee said. Because there have been so many data breaches, it can be difficult to tie a specific piece of data to this one event, he said.

Related Topics:
Continue Reading

Personal Finance

$20,000 Caution Bond Requirement for US Visa Applications imposed on 50 Countries

Published

7 days ago

on

August 8, 2026

By

The United States Department of State has officially implemented a revised visa policy introducing a mandatory posting requirement for caution payments of up to $20,000 on select foreign travel applications. Under the updated regulatory framework, consular officials are authorized to require temporary nonimmigrant visa applicants from targeted foreign countries to post a refundable financial bond of $20,000 as a condition for visa issuance. The policy mechanism is designed to address diplomatic concerns regarding high overstay rates among temporary visitor, business, and educational visa categories.

The caution bond pilot program applies selectively to foreign nationals from designated countries whose diplomatic entities record historical visa overstay rates exceeding established federal thresholds. Under administrative guidelines published by the State Department, the full financial deposit is posted directly to a dedicated federal escrow account prior to final visa issuance. The entire caution payment is automatically refunded to the applicant upon verified proof of timely departure from the United States in strict compliance with the authorized duration of stay. Conversely, failure to depart within the legal timeframe results in full forfeiture of the posted financial bond to the United States government.

Diplomatic representatives and travel policy experts have expressed varying perspectives regarding the operational implementation of the caution bond system. Administration officials emphasize that the measure serves as an effective, market-based incentive to enforce international travel compliance and preserve domestic immigration security standards. However, international trade organizations and foreign diplomatic missions have raised concerns regarding the financial burden imposed on legitimate business travelers, foreign students, and commercial partners from developing nations.

The United States finalized the rule to make the temporary visa bond program permanent, taking effect on August 3, 2026. The updated permanent regulation replaces the prior 12-month pilot, eliminates the lowest $5,000 tier, and raises the maximum required bond amount to $20,000 for specific B-1/B-2 business and tourist visa applicants.

Here is the list of the 50 countries on the list as o August 3, 2026

African Nations (31 Countries)

  • Algeria
  • Angola
  • Benin
  • Botswana
  • Burundi
  • Cabo Verde (Cape Verde)
  • Central African Republic
  • Côte d’Ivoire (Ivory Coast)
  • Djibouti
  • Ethiopia
  • Gabon
  • The Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Lesotho
  • Malawi
  • Mauritania
  • Mauritius
  • Mozambique
  • Namibia
  • Nigeria
  • São Tomé and Príncipe
  • Senegal
  • Seychelles
  • Tanzania
  • Togo
  • Tunisia
  • Uganda
  • Zambia
  • Zimbabwe

Asian & Eastern European Nations (11 Countries)

  • Bangladesh
  • Bhutan
  • Cambodia
  • Georgia
  • Kyrgyzstan
  • Mongolia
  • Nepal
  • Papua New Guinea
  • Tajikistan
  • Turkmenistan
  • Uzbekistan

Caribbean & Latin American Nations (5 Countries)

  • Antigua and Barbuda
  • Cuba
  • Dominica
  • Grenada
  • Venezuela

Oceanian Nations (3 Countries)

  • Fiji
  • Tonga
  • Vanuatu

Continue Reading

Personal Finance

Next-Generation Retirement Planning: Managing Longevity Risk and Variable Income Streams

Published

1 week ago

on

August 7, 2026

By

Retirement planning strategies are evolving in 2026 to address increased life expectancies, shifting dynamic market conditions, and the transition away from traditional defined-benefit pensions. Individual investors and financial advisors are abandoning rigid retirement models in favor of flexible, multi-asset strategies designed to mitigate longevity risk and preserve purchasing power over multi-decade retirement horizons.

Mitigating Longevity Risk with Dynamic Asset Allocation
As average life expectancies extend past eighty-five years, one of the primary financial risks facing retirees is outliving their accumulated wealth. Traditional fixed income allocations—such as the standard 60/40 equity-to-bond portfolio—are being reevaluated to ensure portfolios generate sufficient capital growth alongside reliable income.

Financial planners recommend maintaining a meaningful equity allocation throughout retirement to offset long-term inflation erosion. High-dividend equity funds, global real estate investment trusts (REITs), and inflation-indexed Treasuries are combined to create diversified portfolios that deliver both growth and income stability.

The Transition to Dynamic Withdrawal Strategies
The classic “4% safe withdrawal rule” is increasingly replaced by dynamic withdrawal strategies that adapt annually based on market performance. Under a dynamic withdrawal framework, retirees adjust their annual distribution rates within pre-set caps and floors:
– Market Upside: During strong market returns, retirees can increase discretionary spending or fund family legacy gifts.
– Market Downturns: During market pullbacks, spending distributions are temporarily reduced to prevent sequence-of-returns risk and preserve core investment principal.

Guaranteed Lifetime Income Options and Deferred Annuities
To establish a guaranteed baseline for essential living expenses, individuals are incorporating modern fixed-indexed and deferred longevity annuities into their broader retirement architectures. Modern annuity structures offer competitive return caps, transparent fee schedules, and inflation-adjustment options.

By funding essential expenses—such as housing, healthcare, and insurance—with guaranteed income streams from Social Security, pensions, and annuities, retirees can manage discretionary investment portfolios with greater flexibility and lower emotional stress during market volatility.

Actionable Steps for Future Retirees
1. Calculate Baseline Retirement Expenses: Determine fixed living costs and map guaranteed income sources to cover essential expenditures.
2. Adopt Flexible Withdrawal Rules: Implement dynamic spending rules to protect investment principal against market downturns.
3. Incorporate Inflation-Protected Assets: Maintain exposure to dividend-growing equities and inflation-indexed bonds to safeguard long-term purchasing power.

Continue Reading

Personal Finance

Building Generational Wealth: Family Governance, Estate Tax Optimization, and Asset Protection

Published

2 weeks ago

on

August 1, 2026

By

As the largest intergenerational transfer of wealth in history accelerates, high-net-worth families, entrepreneurs, and individual investors are placing heightened emphasis on comprehensive estate planning, family governance, and asset protection. Preserving capital across generations requires a balanced approach combining tax-efficient legal structures with open family communication and financial literacy education.

Optimizing Estate Tax Exemptions and Trust Structures
With potential modifications to federal estate tax exemption thresholds on the horizon, proactive estate planning is essential for high-net-worth households. Estate planning attorneys and wealth advisors are establishing multi-generational trust structures to transfer wealth efficiently while minimizing estate and gift tax exposure.

Popular structural strategies include:
– Irrevocable Life Insurance Trusts (ILITs): Utilizing life insurance proceeds to provide liquidity for estate tax obligations without expanding the taxable estate.
– Grantor Retained Annuity Trusts (GRATs): Transferring rapidly appreciating assets to beneficiaries with minimal gift tax consequences.
– Dynasty Trusts: Preserving wealth across multiple generations while providing long-term asset protection from creditor claims and legal liabilities.

Establishing Family Governance and Financial Education
Legal and financial structures alone cannot guarantee long-term wealth preservation without effective family governance. Financial advisors report that a significant percentage of multi-generational wealth dissipation stems from lack of communication and inadequate financial preparation among heir generations.

Families are establishing formal family governance frameworks, including periodic family meetings, written mission statements, and structured philanthropic foundations. Involving younger family members in charitable grant-making and investment discussions fosters financial stewardship and prepares heirs to manage family assets responsibly.

Digital Asset Custody and Legacy Planning
In today’s modern economy, estate planning must extend beyond physical real estate and traditional brokerage accounts to encompass digital assets. Comprehensive estate plans now include detailed inventories and legal access protocols for corporate domain names, intellectual property, digital media rights, and cryptocurrency holdings.

Fiduciaries and estate executors should be provided with secure, encrypted access mechanisms and clear legal authority to manage and transfer digital holdings in accordance with the owner’s estate directions.

Practical Steps for Legacy Planning
1. Review and Update Estate Documents: Ensure wills, revocable trusts, and power-of-attorney designations accurately reflect current family structures.
2. Establish Structured Trusts: Utilize irrevocable trusts to protect assets from creditors and minimize future estate tax liabilities.
3. Create a Digital Estate Inventory: Document access protocols and legal permissions for all online accounts, intellectual property, and digital assets.

Continue Reading

Trending