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The Equifax data breach occurred between May and July 2017 at the American credit bureau Equifax. Private records of 147.9 million Americans along with 15.2 million British citizens and about 19,000 Canadian citizens were compromised in the breach, making it one of the largest cybercrimes related to identity theft .
The breach led to a record settlement with the FTC, a dramatic downgrade in Equifax’s own credit rating, and close to $3 billion in expenses for the company as it restructured both its C-suite ...
Equifax software engineer Sudhakar Reddy was charged with insider trading for purchasing options prior to the disclosure of the 2017 data breach. [86] [87] In January 2020, Equifax agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories.
Payments in the 2017 Equifax data breach are finally being disbursed and users across social media are asking if they're real, if so, are they getting a payment too? And why is the payment so ...
The credit reporting agency reached a $700 million settlement with government officials last week, agreeing to pay as much as $425 million of that money to consumers affected by the data breach.
Tong was a part of a small group of state attorneys general who led the investigation against Equifax relating to a massive data breach in which millions of Americans' personal and confidential information was compromised, including more than 1.5 million residents of Connecticut. Equifax eventually agreed to a $700 million settlement, including ...
A well-known example of this was the massive Equifax data breach in 2017 that affected 147 million Americans — including us. That motivated us to freeze our credit reports at Equifax, Experian ...
A data breach, also known as data leakage, is "the unauthorized exposure, disclosure, or loss of personal information ". [1] Attackers have a variety of motives, from financial gain to political activism, political repression, and espionage. There are several technical root causes of data breaches, including accidental or intentional disclosure ...
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