Equifax Data Breach Deemed “Preventable” by the FTC; Equifax Did Not Implement Basic Security Measures
To settle it’s 2017 data breach, Equifax has agreed to pay at least $575 million to the FTC, the Consumer Financial Protection Bureau and 48 states. They could pay up to $700 million based on claims. Hackers stole the personal information including Social Security numbers of almost 148 million Americans from Equifax’s servers in a …