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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.
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. Equifax to pay up to $700M in data ...
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 ...
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'.
In September 2017, Equifax announced a cyber-security breach, which it claims to have occurred between mid-May and July 2017, [21] where cybercriminals accessed approximately 145.5 million U.S. Equifax consumers' personal data, including their full names, Social Security numbers, birth dates, addresses, and driver license numbers. Equifax also ...
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 ...
[1] [2] He served as the chairman and CEO of Equifax from 2005 to 2017, when he retired in the wake of the data breach of approximately 145.5 million customers. [2] [3] Because Smith retired instead of getting fired, he is expected to receive $90 million, including performance-based unvested stocks and $18.5 in retirement benefits, according to ...
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 ...
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