Equifax revealed this week its earnings release related to the security breach suffered by the credit bureau back in 2017, the incident has cost about $1.4 billion plus legal fees. In 2017 Equifax confirmed it has suffered a massive data breach, cyber criminals stole sensitive personal records of 145 million belonging to US citizens and hundreds of thousands Canada and in the UK. Chief Executive Mark Begor confirmed that Equifax reached settlement agreements recently with some of the class action lawsuits and government investigators. In June 2018, Equifax agreed to the Consent Order from some state banking regulators and officials are still investigating the breach.”]
Source: https://securityaffairs.co/wordpress/85379/security/equifax-data-breach-cost.html