“Equifax Inc. is nearing a deal to settle a slew of state and federal investigations into a 2017 data breach that exposed nearly 150 million Americans’ Social Security numbers and other sensitive personal information.<br><br>Under the agreement, the credit-reporting firm would pay around $700 million to settle with the Federal Trade Commission, the Consumer Financial Protection Bureau and most state attorneys general, according to people familiar with the matter. The deal would also resolve a nationwide consumer class-action lawsuit, they said.”<br><br>$700 million is peanuts to Equifax.. All these data breaches… they know our data has been exposed… that these credit reports are riddled with mistakes/inaccuracies yet no one is advocating we get new social security numbers or not use them at all for credit purposes or anything other than paying into or collecting social security.<br><br>For all we know they could have pulled a FB and sold our data.

“Equifax Inc. is nearing a deal to settle a slew of state and federal investigations into a 2017 data breach that exposed nearly 150 million Americans’ Social Security numbers and other sensitive personal information.

Under the agreement, the credit-reporting firm would pay around $700 million to settle with the Federal Trade Commission, the Consumer Financial Protection Bureau and most state attorneys general, according to people familiar with the matter. The deal would also resolve a nationwide consumer class-action lawsuit, they said.”

$700 million is peanuts to Equifax.. All these data breaches… they know our data has been exposed… that these credit reports are riddled with mistakes/inaccuracies yet no one is advocating we get new social security numbers or not use them at all for credit purposes or anything other than paying into or collecting social security.

For all we know they could have pulled a FB and sold our data.

Equifax to Pay Around $700 Million to Resolve Data-Breach Probes

The credit-reporting firm is nearing a deal to settle a slew of state and federal investigations into a 2017 data breach that exposed nearly 150 million Americans’ Social Security numbers and other personal information.

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