Equifax agrees to pay at least $575 million to settle U.S. probes and class-action lawsuits. The Atlanta-based credit reporting giant will contribute $300 million to a fund to compensate affected consumers. Victims can claim compensation – up to a maximum of $20,000 per individual – for unreimbursed costs from “identity theft or identity fraud, falsified tax returns, or other alleged misuse of affected consumers personal information” Some consumer advocates view the proposed deal as being insufficient, given the magnitude of Equifax’s data breach.”]
Source: https://www.careersinfosecurity.com/consumer-advocates-criticize-equifax-settlement-plan-a-12815