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Equifax's $700 million data breach settlement spurs criticism, calls for new rules

Equifax's $700 million data breach settlement spurs criticism, calls for new rules

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-equifax-cyber-settlement/equifaxs-700-million-data-breach-settlement-spurs-criticism-calls-for-new-rules-idUSKCN1UH16Y

Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules.

Equifax's $700 million data breach settlement spurs criticism, calls for new rules

Jul 22, 2019, 8:37pm UTC
https://www.reuters.com/article/us-equifax-cyber-settlement/equifaxs-700-million-data-breach-settlement-spurs-criticism-calls-for-new-rules-idUSKCN1UH16Y >Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules.