Cyberthieves can impact your score through business identity theft, just like personal identity theft. In the eyes of the Internal Revenue Service (IRS), businesses have identities just like people. An EIN is assigned to each business, like a Social Security number, for tax reporting and licensing purposes. Sudden changes to your business credit score, or changes to your business credit report that you don’t recognize, can indicate your business data has been compromised.
Glossary of Terms
Come across a term you don't understand? We're here to help with that as well. Check out our Glossary of Terms to learn more!