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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 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 ...
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
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 ...
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.
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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 ...
This is a list of reports about data breaches, using data compiled from various sources, including press reports, government news releases, and mainstream news articles. The list includes those involving the theft or compromise of 30,000 or more records, although many smaller breaches occur continually.