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Equifax's $700 million data breach settlement spurs criticism, calls for new rules

Reuters 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.
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News video: Equifax to Pay up to  $700 Million for  Data Breach

Equifax to Pay up to $700 Million for Data Breach 00:59

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...

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