Equifax's $700 million data breach settlement spurs criticism, calls for new rules
Monday, 22 July 2019 Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules.
Equifax to Pay up to $700 Million for Data Breach The breach occurred in 2017, affecting close to 150 million people. Exposed consumer data included SSNs, birthdates, addresses and even driver’s license numbers. $425 million will be paid out to those affected by the breach, with $125 million being...
LAS VEGAS -- It's a new year, a new decade and there is a new piece of digital privacy legislation in town. But, whilst the Californian Consumer Privacy Act (CCPA), which came in to effect on January..