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Equifax Agrees to Pay Up to $700 Million to Resolve 2017 Breach

On July 22, 2019, the Federal Trade Commission announced that Equifax Inc. agreed to pay at least $575 million, and potentially up to $700 million, as part of a global settlement agreement with the FTC, the Consumer Financial Protection Bureau, and 50 U.S. states and territories to resolve investigations into the colossal data breach the company suffered in 2017.

Source: Equifax Agrees to Pay Up to $700 Million to Resolve 2017 Breach, the Largest Data Breach Settlement in U.S. History

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