More information on Equifax's industry-leading cybersecurity program is available here. The company has agreed to a global settlement with the Federal Trade Commission and the Consumer Financial Protection Bureau, which includes up to 425 million. Our Chief Information Security Officer serves as an advisor on cybersecurity to the Federal Bureau of Investigation at the Bureau's request. Over the last five years, few companies have invested more time and resources than Equifax to ensure that consumers' information is protected, as evidenced by the company's $1.5 billion security and technology transformation. This class action settlement is paying out up to 22.82 as of Dec. There remains no evidence that the data obtained during the 2017 cyber attack perpetrated by Chinese military-based hackers against Equifax has been sold or used. The parties to the settlement agreed to appoint a third party settlement administrator, which was approved by the federal judge overseeing the settlement, and the actual amounts being received by consumers were determined by the settlement administrator in accordance with the terms of the settlement. The email appears to concern a settlement. The settlement was reached after a lengthy process, with the interest of consumers independently represented by both the government agencies and attorneys listed above. Posted at 8:20 PM, and last updated 8:20 PM, (KGTV) Were clearing up some confusion over an email you may have received. consumers whose information was impacted in the 2017 breach actual out-of-pocket losses related to the breach and other consumer benefits such as identity restoration services. The restitution fund was created to pay for: three-bureau credit monitoring for U.S. states and territories, the attorneys representing the consumer class action plaintiffs, and Equifax. You will get your payment in the method you choseby check, prepaid card, or PayPal payment. These consumer payments are being drawn from the $425 million restitution fund that was agreed to by the Federal Trade Commission, the Consumer Financial Protection Bureau, 50 U.S. Equifax Data Breach Settlement December 2022 Important Settlement Update The settlement administrator has begun sending out payments for out-of-pocket losses, time spent claims, and other cash benefits. consumers who filed claims in the Equifax Data Breach Settlement and qualified for benefits began receiving settlement payments on Decemfrom a court-appointed settlement administrator. True About this rating In late January 2022, Google users looked to Reddit and elsewhere to find out if an email for the status of the Equifax data breach settlement was a 'scam or legit,'.
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