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An Equifax internal audit in 2015 showed that there was a large backlog of vulnerabilities to patch, that Equifax was not following its own timescales on patching them, that IT staff did not have a comprehensive asset inventory, that Equifax did not consider how critical an IT asset was when prioritising patches, and that the patching process worked on an 'Honour system'.
Equifax added that the payments will be going to current members of the settlement class and no new claims can be filed after the Jan. 22, 2024 deadline. The Equifax data breach
The breach led to a record settlement with the FTC, a dramatic downgrade in Equifax’s own credit rating, and close to $3 billion in expenses for the company as it restructured both its C-suite ...
Equifax will pay at least $700 million — and potentially much more — to settle lawsuits over a 2017 data breach that exposed the Social Security numbers and similar sensitive information of ...
Most federal data breach lawsuits share certain characteristics. These include a plaintiff seeking relief from the loss of an identity theft, emotional distress, future losses, and increased risk of future harm; the majority of litigation are private class actions; the defendants are usually large firms or businesses; a mix of common law and ...
If you were affected by Equifax's data breach, you might be eligible to a large sum of compensation. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
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 Wall Street Journal says Equifax will pay around $700 million to settle with the FTC over a 2017 data breach that exposed some 150 million people's social security numbers and other private ...