Equifax Agrees to $575M Settlement Over Data Breach

Following the massive data breach of Equifax that impacted an estimated 147 million people, Equifax has agreed to pay $575 million settlement of class action, state attorney general and federal regulators' claims against it. $425 million will be used to compensate those effected by the breach including providing up to 10 years of free credit monitoring or $125 cash payment; reimbursement for up to $20,00 for your time and expenses in protecting your identity or recovering from identity theft, up to 20 hours at $25 per hour; and free identity restoration services for at least 7 years that you can use if someone steals your identity or you experience fraud. Andersen Sleater Sianni attorneys represent victims of data breaches. Click here to read more about the settlement and sign up for updates so you know when you can file a claim.