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FTC v. Equifax Settlement — $575M Data Breach Enforcement Action

United StatesIntroduced Jul 22, 2019Enacted Jul 22, 2019

Global settlement with Equifax following the 2017 breach exposing 147 million Americans' personal data. Up to $700M in total relief including $425M consumer fund, $100M civil penalty, 10 years free credit monitoring, and mandated security improvements. Joint action by FTC, CFPB, and 50 state/territory AGs. Landmark data security enforcement.

Privacy & SurveillanceFraud & Financial
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