Civil Plaintiff
Equifax Reaches a $425 Million Settlement For a Data Breach
Equifax has agreed to a settlement for the data breach that exposed the personal information of 147 million people in 2017.
The settlement with the U.S. Federal Trade Commission, the Consumer Financial Protection Bureau and 50 U.S. states and territories includes up to $425 million to help people affected by the data breach.
The 2017 Equifax breach exposed the personal information of more than 145 million U.S. consumers as well as 15.2 million records of U.K. residents and data on 8,000 Canadians. At the heart of the breach was Equifax’s failure to patch a vulnerability in the Apache Struts open-source web application framework, according to numerous investigations.
