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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 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 ...
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 ...
On September 10, 2017, three days after Equifax revealed the breach, Congressman Barry Loudermilk (R-GA), who had been given two thousand dollars in campaign funding from Equifax, [31] [32] introduced a bill to the U.S. House of Representatives that would reduce consumer protections in relation to the nation's credit bureaus, including capping ...
Several consumers filed lawsuits in small-claims court against Equifax due to the breach, while Equifax later came to a $575 million settlement with the Federal Trade Commission to offer either a cash payment or credit monitoring for those affected by the breach. [52]
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 ...
However, the leak is notable due to the scale of data that was exposed, surpassing the Equifax breach which had exposed 145 million customers' personal data the year prior. [6] Exactis had reportedly accumulated some or all of its information without the knowledge or explicit consent of the data subjects. [1]
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.
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related to: equifax breach settlement payment amount