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If you were affected by the 2017 Equifax Data Breach, find out more about the final settlement here.

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Equifax Settlement Agreement Will Compensate Consumers Affected by 2017 Breach

Equifax Settlement Agreement Will Compensate Consumers Affected by 2017 Breach

After almost two years since the huge breach of its customer database, Equifax has settled most of the legal action against the company.

Below are some highlights, and for more information if you believe you were affected, here is the link to the Equifax breach settlement website.

The total settlement, according to the Wall Street Journal, will be “up to $700 million with the Federal Trade Commission, the Consumer Financial Protection Bureau and most state attorneys general, in addition to a nationwide consumer class-action lawsuit.”

For those participating in the class action settlement, they will receive from Equifax (according to its website):

  • Free credit monitoring for at least three years or a $125 cash payment, and
  • Other cash payments up to $20,000 for a variety of problems the consumer may have encountered such as identity theft or fraud. In some cases, Equifax will compensate consumers for the time they spent dealing with the problems, and
  • Up to seven years of free identity restoration services.

More details can be found at the Equifax breach settlement website.

Secure Document Destruction of St. Louis provides a wide variety of onsite document destruction and shredding services for consumers and businesses.

Click here today for a no obligation quote.

Filed Under: Data Breach, Identity Theft

About

John has lived and breathed the document security industry for the last decade.  John prides himself on SDD’s ability to innovate and consistently stay ahead of the curve.  However, his approach toward the business has stayed consistent, delivering incredible customer service and complete document destruction for the St. Louis area.

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