Equifax will pay at least $ 575 million, potentially up to $ 700 million, to settle its allegations of a huge breakthrough in data for 2017, a US regulator said on Monday. said the credit company would have to implement a comprehensive information security program.
The largest breakthrough in data collection has attracted very close probes to Equifax from the Federal Trade Commission, the Financial Consumer Protection Board and almost all state lawyers. He also decides forthcoming lawsuits against the company against class.
"This instability, negligence and weak security standards threatened the identity of half the US population," said New York's Attorney General, Letizia James
. the data breach compromised personal information, including social security numbers, to 1
The Company also agreed to strengthen its security practices and its policies to be regularly evaluated by a third party.