Tag: Equifax

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Equifax to Pay US$380.5 Million to Settle Class-Action Lawsuit

Atlanta-based consumer credit reporting agency Equifax has agreed to pay US$380.5 million to settle a class-action lawsuit, brought forward by the U.S. Federal Trade...

6 Times Data Regulators Churned Out High Penalties in 2019

By Rudra Srinivas Data breaches and security incidents are becoming increasingly expensive. The risk of data breaches got higher after introducing the European Union’s General...

Breach aftermath: Former Yahoo, Equifax CEOs to testify at Senate hearing

After suffering from massive data breaches, the embattled Equifax and Yahoo former chief executive officers are all set to testify at the Senate hearing...

Equifax temporarily loses contract worth $7.25 million with IRS

Amid the second malware incident, the credit reporting agency Equifax on October 12, 2017, temporarily lost a fraud prevention contract worth $7.25 million with...

Post Equifax breach, rival TransUnion ups the ante

A month after Equifax reported a massive data breach, the credit-reporting agency TransUnion hired a full slate of new cybersecurity-focused lobbyists in Washington D.C....

San Francisco sues Equifax, demands $2,500 per violation

Equifax, which is under the scanner since its high-profile attack, now has one more reason to worry. San Francisco has sued the credit monitoring...