700m Equifax Settlement Largest In Data Breach History How Vulnerable Video. equifax will pay potentially up to $700 million to settle state and federal investigations related to a data breach two years ago that exposed personal information belonging to more than. Updated at 11:25 a.m. et. equifax will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach at the credit reporting bureau that affected nearly 150 million people.
Equifax To Pay 700m As Data Breach Settlement Firecompass Equifax inc. efx 0.08% on monday struck a settlement of up to $700 million to resolve investigations and lawsuits stemming from its 2017 data breach that exposed the personal data of nearly 150. Credit rating agency equifax will pay up to $700 million in fines as part of a massive settlement over the company's 2017 data breach. equifax will pay at least $575 million under the data breach settlement, which was agreed to with the federal trade commission (ftc), the consumer financial protection bureau (cfpb) and 50 u.s. states and territories. The credit reporting agency equifax will pay up to $700 million to settle with regulators over 2017's mammoth breach. while the settlement still requires a court's approval, if it goes through, it will be the largest ever paid by a company over a data breach. as part of a proposed settlement with the federal trade commission, the consumer. The u.s. settlement will have no impact on the 19,000 canadians impacted by equifax's 2017 data breach. (dado ruvic reuters) credit monitoring firm equifax has agreed to pay up to $700 us million.
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