Equifax Breach Settlement Q&A

July 22, 2019

What You Should Know About the Equifax Data Breach Settlement

This post was originally published on this siteBig-three credit bureau Equifax has reportedly agreed to pay at least $650 million to settle lawsuits stemming from a 2017 breach that let intruders steal personal and financial data on roughly 148 million Americans. Here’s a brief primer that attempts to break down what this settlement means for you, and what it says about the value of your identity. Q: What happened? A: If the terms of the settlement are approved by a court, the Federal Trade Commission says Equifax will be required to spend up to $425 million helping consumers who can […]