Keyword: equifaxsettlement

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Keyword: equifaxsettlement

Equifax to pay up to $650 million in data breach settlement after personal information [tr]

07/22/2019 8:53:33 AM PDT · by C19fan · 29 replies
UK Daily Mail ^ | July 22, 2019 | Staff

Equifax will pay up to a record $650million to settle US federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. The largest-ever settlement for a data breach draws to a close multiple probes into Equifax by the Federal Trade Commission, the Consumer Financial Protection Board (CFPB) and nearly all state attorneys general. It also resolves pending class-action lawsuits against the company. 'This company´s ineptitude, negligence, and lax security standards endangered the identities of half the US population,' New York Attorney General Letitia James said in a statement.

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