Equifax to pay up to $700M in data breach settlement


The Equifax hacking incident prompted a public outcry and a congressional probe, as well as the resignation of CEO Richard Smith and several other executives

Equifax has agreed to pay $700 million, potentially more, to settle with the federal authorities and states over its 2017 data breach that exposed the Social Security numbers and other private information of nearly 150 million people, roughly half of the U.S. population.





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