Equifax Data Breach Settlement No Wrist Slap

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The FTC introduced that Equifax has agreed to pay a minimal of $575 million as a part of a world settlement of claims in opposition to it arising from a 2017 knowledge breach that affected 147 million Americans. The settlement with the FTC, the Consumer Financial Protection Bureau, and 50 states and territories probably may attain $700 million. In its grievance in opposition to Equifax the FTC alleged that the credit score reporting company did not safe an enormous quantity of non-public data saved on its community.



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