Search results
Results from the WOW.Com Content Network
In 2017, consumer credit rating giant Equifax suffered one of the country's largest data breaches, exposing the personal information of 147 million U.S. citizens, or roughly 40% of the population ...
The money will reimburse individuals for everything from the time spent filing for credit freezes after the breach, to free monitoring services for the next 10 years.
The agencies were required to pay $23 million in fines and restitution. [67] Equifax agreed to a settlement of $575 million with the Federal Trade Commission, the CFPB, and states related to a data breach that occurred in 2017 where 147 million people were affected by their personal information being exposed. [68]
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 ...
You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate. ( September 2017 ) ( Learn how and when to remove this message ) A credit freeze (also known as a security freeze ) allows an individual to control how a consumer reporting agency (also known as a credit bureau such as Equifax , Experian ...
Morgan & Morgan filed a class action lawsuit regarding the Equifax data breach that occurred in 2017. [13] [14]In 2018, a class-action lawsuit was initiated against Exactis by law firms Morgan & Morgan, DiCello Levitt & Casey, and Robbins Geller Rudman & Dowd, following a data breach that allegedly impacted approximately 230 million Americans and 110 million businesses.
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
Equifax primarily operates in the business-to-business sector, selling consumer credit and insurance reports and related analytics to businesses in a range of industries. [citation needed] Business customers include retailers, insurance firms, healthcare providers, utilities, government agencies, as well as banks, credit unions, personal and specialty finance companies and other financial ...