Reuters is reporting that credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. The largest-ever settlement for a data breach draws to a close multiple probes into Equifax by the Federal Trade Commission, the Consumer Financial Protection Board and nearly all state attorneys general.
BREAKING: Equifax will pay $700 million to settle 2017 data breach that exposed private information of nearly 150 million people. https://t.co/bJ7qIt2q62
— The Associated Press (@AP) July 22, 2019