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On September 7, 2017, Equifax disclosed the breach and its scope: affecting over 140 million Americans. [24] VentureBeat called the exposure of data on 140+ million customers "one of the biggest data breaches in history." [25] Equifax shares dropped 13% in early trading the day after the breach was made public. [26]
The 2017 data breach landed the consumer credit ratings agency with a record fine, and analysts say the company fumbled its response. A hack at Equifax exposed the data of 147 million people.
Several consumers filed lawsuits in small-claims court against Equifax due to the breach, while Equifax later came to a $575 million settlement with the Federal Trade Commission to offer either a cash payment or credit monitoring for those affected by the breach. [52] The data from the breach has yet to be seen on black markets or the dark web ...
2017 Equifax data breach – In 2017, Equifax Inc. announced that a cyber-security breach occurred between May and mid July of that year. Cyber criminals had accessed approximately 145.5 million U.S. Equifax consumers' personal data, including their full names, Social Security numbers , credit card information, birth dates , addresses , and, in ...
For example, if your Social Security number is exposed in a data breach, you may be at a heightened risk for identity theft or fraudulent credit applications in your name. 2. Secure Your Accounts
The credit reporting agency reached a $700 million settlement with government officials last week, agreeing to pay as much as $425 million of that money to consumers affected by the data breach.
The data breach's legitimacy is confirmed by computer security ... The Equifax breach. [116 ... users' search information, posts on their timelines, and names of ...
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