The Federal Trade Commission announced a proposed settlement in which Equifax would pay a $100 million fine to the Consumer Financial Protection Bureau, $175 million to 48 states and create a $300 million fund to compensate victims. The fund would be used to offer victims prepaid credit-monitoring services, as well as up to $20,000 in compensation for unreimbursed losses, provided they can be documented. The settlement would also allow victims to be reimbursed for 20 hours of work – at $25 per hour – for any efforts they undertook when dealing with fraud, identity theft or other misuse of an affected consumer’s personal information.”]
Source: https://www.govinfosecurity.com/blogs/the-equifax-settlement-good-enough-p-2777