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Equifax to pay USD 700 million in a settlement over 2017 data breach: Report

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Equifax Inc is reportedly nearing a USD 700 million settlement with the US Federal Trade Commission (FTC) over a massive data breach in 2017.

The Wall Street Journal has reported that the settlement money would also resolve a nationwide consumer class-action lawsuit against Equifax.

The 2017 data breach exposed nearly social security numbers and other sensitive personal information of nearly 150 million Americans.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, July 20 2019. 23:21 IST
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