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If you were one of the 147 million Americans affected by the 2017 Equifax ... The settlement only includes room for 248,000 ... payments, the final payout would be just $31 per person.
A hack at Equifax exposed the data of 147 million people. ... including dishing out $1.4 billion in settlement payments. ... 5 side hustles where you may earn over $20,000 per year—all while ...
Equifax will pay up to $700M to settle with the U.S. and states over a 2017 data breach that exposed Social Security numbers and other private information.
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]
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]
Equifax software engineer Sudhakar Reddy was charged with insider trading for purchasing options prior to the disclosure of the 2017 data breach. [86] [87] In January 2020, Equifax agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories.
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