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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 ...
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 ...
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 ...
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 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.
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.
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 2017 breach was one of the largest affecting people's private information. Equifax to pay up to $700 million in breach settlement [Video] Skip to main content