TBA Law Blog

Posted by: Katharine Heriges on Jul 23, 2019
Equifax will pay up to $700 million to settle state and federal investigations related to a data breach two years ago that exposed personal information belonging to more than 145 million people, Fox Business reports. Under the agreement announced by the Federal Trade Commission on Monday, the credit firm will pay $300 million to provide monitoring services for those affected by the hacking. Equifax also agreed to pay the states a total of $175 million, which includes more than $3 million for Tennessee where 3,140,543 consumers were affected, according to a press release from Tennessee Attorney General Herbert Slatery.