Chris Bean's
Blog

...like the vegetable

  • Chris Bean

Equifax Settles Massive Data Breach Suit

Almost 147 million people’s personal information was compromised in Equifax’s massive 2017 data breach. Equifax settled a class-action suit against them requiring Equifax to contribute $380 MM toward helping consumers who were harmed by the breach.


Equifax will provide potential benefits for those who have been affected including:

  • Paying $25 an hour for up to 20 hours of time spent fixing identity theft

  • Reimbursements of up to $20,000 for losses

  • Up to 10 years of credit monitoring worth $1,920

  • $125 for those who already have credit-card monitoring

  • Identity restoration for seven years

The Federal Trade Commission website below will provide correct information and links that will allow potential victims to both confirm whether they were impacted and, if necessary, file the appropriate claim.


https://www.ftc.gov/enforcement/cases-proceedings/refunds/equifax-data-breach-settlement

Recent Posts

See All

INVESTING | Real Estate Sector

A Sector is a broad selection of companies with similar characteristics. An Industry is a subset of Sectors where companies are grouped in more specifically than Sectors. Investors can use Sectors and