Blog | G5 Cyber Security

Equifax Settles Mega-Breach Lawsuit for $1.38 Billion

A federal judge in Atlanta has given final approval to a settlement that resolves a class action lawsuit against credit bureau Equifax. Consumers will get free credit monitoring, or if they already had that in place, up to $125 in a cash payment. The minimum cost to Equifax will be $1.38 billion, which includes $1 billion in security upgrades. The deadline for applying for cash compensation is coming up quickly, on Jan. 22, and can be filed via the settlement website.”]

Source: https://www.cuinfosecurity.com/equifax-settles-mega-breach-lawsuit-for-138-billion-a-13608

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