Equifax exposed personal data of nearly half the country. @NewYorkStateAG is holding them accountable with the largest ever payment for a data breach - $600 million, most going to consumers. https://t.co/A5v9EmhGaM
— Anna Brower (@ab2788) July 22, 2019
"The deal requires Equifax to put a minimum of $380.5 million into a restitution fund for American consumers who file claims showing that they were financially harmed." So as a consumer, you have suffer again to prove that you were harmed, Total BS! https://t.co/943xN7L00W
— OM (@om) July 22, 2019
We reached a historic $600M settlement with @Equifax for their 2017 data breach. The settlement includes up to $425M in consumer restitution.
— NY AG James (@NewYorkStateAG) July 22, 2019
Equifax put profits over privacy & greed over the people & now we’re holding them accountable for the millions they put at risk.
Settlement requires @Equifax to pay $300M to a fund that will provide affected consumers w/ credit monitoring and compensate consumers who bought credit monitoring and spent money or time as a result of the 2017 data breach: https://t.co/6Dz4lQYEf2 #EquifaxDataBreach
— FTC (@FTC) July 22, 2019
"We did not choose Equifax. It chose us. It collected our personal information, it compiled it, analyzed that information, and sold the product and some of the raw data to other people. Their carelessness ... will cause harm perhaps for millions." https://t.co/Cj4biW2nzH
— Dan Goodin (@dangoodin001) July 22, 2019
The official website regarding the #EquifaxDataBreach settlement is https://t.co/tizPDVYLIM. The claims process will be up and running soon. There are also directions on that page for signing up for alerts. #Equifax #databreach
— Brian Frosh (@BrianFrosh) July 22, 2019
That comes out to about $4.75 a person, so enjoy that latte from Equifax at the cost of your personal credit info https://t.co/tvEgDTZgwn
— Guy Fauxks (@stephenxwelch) July 22, 2019
The FTC announced this morning that Equifax will pay at least $575 million to consumers, states, and the CFPB as punishment for its massive 2017 data breach: https://t.co/hKtv3n46YE
— Eric Geller (@ericgeller) July 22, 2019
The payments represents about 17% of Equifax's 2018 revenue. pic.twitter.com/oOybqVqdvZ
Equifax settlement for data breach will only cost it $4 per person https://t.co/Rl4kxhSuOH pic.twitter.com/DqQ1jknzlk
— Engadget (@engadget) July 22, 2019
For years, @Equifax compiled dossiers on American consumers on a massive scale & then played fast & loose with that data. This settlement is far from an adequate solution to our society’s data broker problem & we have to do much more to stop the next breach before it happens. https://t.co/QD7wjONsAf
— Ed Markey (@SenMarkey) July 22, 2019
.@Equifax exposed nearly 150 million Americans' data, lied about their recklessness, and tried to make money off the scandal. We must go even further to hold Equifax accountable than current law allows—and I have a plan for that. https://t.co/Ld1TVlBB3a
— Elizabeth Warren (@ewarren) July 22, 2019
BREAKING: In largest data breach in US history #Equifax will pay up to $700m — including $425m directly to the 145 million affected consumers. The result of a PA-led multistate investigation. https://t.co/JeCOZacwX3
— Josh Shapiro (@JoshShapiroPA) July 22, 2019
Equifax’s stock price is up today, and is just a couple of dollars shy of it’s pre-breach peak. The company remains one of just a few sources of credit scores, and continues to be relied upon by lenders and landlords and all that. So I’m sure they’ve learned their lesson. https://t.co/5sMoUvVROU
— Nick Heer (@nickheer) July 22, 2019
This is actually just $275 in penalties with the rest of the "punishment" being more data collection on affected unwilling customers. https://t.co/HcWTZQBfvj
— emptywheel (@emptywheel) July 22, 2019
Interesting twist in the Equifax's settlement: Affected consumers can be reimbursed, at $25/hr, for the time they spent dealing with it on things like phone calls to banks, credit agencies, etc.
— Stacy Cowley (@StacyCowley) July 22, 2019
It's a recognition that people's time has value.https://t.co/e2D6YIOaiH
3/ It was watershed moment because it made clear to consumers that American companies amassing and profiting from our most intimate financial information have every reason to exploit it and little incentive to safeguard it.
— Natasha Singer (@natashanyt) July 22, 2019
1/ The data regulation lessons in this story by my venerable colleague @StacyCowley are important, especially now:https://t.co/QMrDL8wYZi
— Natasha Singer (@natashanyt) July 22, 2019
If you were affected by the data breach, you can learn more information about the settlement, check your eligibility to file a claim, and file a claim on the Equifax Breach Settlement online registry at https://t.co/U3gQKbzZT1 or call the 1-833-759-2982.
— AG Karl A. Racine (@AGKarlRacine) July 22, 2019
.@Equifax to pay $575M, potentially up to $700M as part of settlement w/ @FTC, @CFPB, and states related to 2017 data breach. Settlement includes fund to help consumers recover from data breach. Read more: https://t.co/9gyWfz4sV6 #EquifaxDataBreach pic.twitter.com/AXxhKtIAad
— FTC (@FTC) July 22, 2019
Data breach is expensive. Nigerian firms won't learn until it hits them, Data security is key!https://t.co/y42m1ATx98
— TWEET VIBER™® ??#BBNaija (@Starlingvibe) July 22, 2019
Yet another slap on the wrist to a company that screwed over tens of millions of Americans https://t.co/U01V5fdUeu
— brianweeden (@brianweeden) July 22, 2019
Equifax to pay $575M for data breach, promises to protect data next time https://t.co/cMavQO8VMC pic.twitter.com/hYGZb36507
— Benjamin Abraham (@ba_06121988) July 22, 2019
Equifax will dish out as much as $700 million on the heels of its infamous 2017 #data #breach that impacted 150 million customers. #cybersecurity #infosec https://t.co/EniolZx2LT
— Ronald van der Meer (@ronaldvdmeer) July 22, 2019
Equifax to Pay $700 Million in 2017 Data Breach Settlement https://t.co/omGznzoAle
— Daniel Monastersky (@identidadrobada) July 22, 2019
Equifax will dish out as much as $700 million on the heels of its infamous 2017 data breach that impacted 150 million customers. https://t.co/uxJDIGKE53 via @InfoSecHotSpot pic.twitter.com/gkRSD6dPJc
— Sean Harris (@InfoSecHotSpot) July 22, 2019
#Equifax will pay almost $700 million to settle investigations on its 2017 data breach that impacted over 150 million customers. https://t.co/5NIiEWqqj0
— Kaspersky (@kaspersky) July 22, 2019
Equifax settlement for data breach will only cost it $4 per person ?? #DataBreach #CyberSecurity https://t.co/QDW4HoWZEG
— Tho she be little, she be fierce (@warriors_mom) July 22, 2019
Equifax settlement for data breach will only cost it $4 per person https://t.co/CoA2VAAK29 via @ric9871ric #retweet #pleaseretweet pic.twitter.com/9JTUKNaTQ8
— Ric Olsen (@Ric9871Ric) July 22, 2019
There are 148 million victims of the Equifax breach. The proposed settlement assumes that only 7 million victims will sign up for free credit monitoring services. But if more people sign up, Equifax would have to pay alot more. https://t.co/d4dxp7ZrTt
— Joel Winston (@joelwinston) July 22, 2019
The largest settlement ever paid, for one of the largest data breaches of all-time: @nytimes reports Equifax will pay at least $650 million (and potentially more) for exposing the personal information of nearly 150 million people. https://t.co/QWwi1ukgqe
— Delphix (@delphix) July 22, 2019
The 2017 #Equifax breach should have never happened. We urge the House to pass a bill introduced by Chairman @RepCummings and Subcommittee Chairman @CongressmanRaja Krishnamoorthi to ensure the personal data of all Americans is protected. https://t.co/dYzuOqabW2
— Oversight Committee (@OversightDems) July 22, 2019
Equifax to Pay at Least $650 Million in Largest Data-Breach Settlement Ever - The New York Times https://t.co/TsQyLhOOxn
— Terrence L. Blackwell, A.A. (@TBlackwe85) July 22, 2019
“The settlement’s total price tag adds up to a bit less than one typical quarter of sales for Equifax.” https://t.co/DU7pUQXt2K
— Bryce Covert (@brycecovert) July 22, 2019
“Equifax put profits over privacy and greed over people, and must be held accountable to the millions of people they put at risk,” said Attorney General Letitia James of New York.https://t.co/fFh3mizay8 #databreach
— ClassAction․com (@ClassActionCom) July 22, 2019
“Equifax will Automatically Mail Checks to Breach Victims and Provide Lifetime Credit Protection Services” is not a headline you’re ever going to see. https://t.co/d4dxp7ZrTt
— Joel Winston (@joelwinston) July 22, 2019
Equifax, regulators sign $700m deal to settle data breach lawsuits https://t.co/LMuqnI1nzA pic.twitter.com/FBgSFL34eX
— 【ぱんおじ®】ぱんだ夏風邪でダウン中 (@Panda_Lv6) July 22, 2019
"Equifax to Pay $700 Million in 2017 Data Breach Settlement"
— Kayne McGladrey has been to Salem, OR (@kaynemcgladrey) July 22, 2019
Pity that it wasn't a Facebook sized $5b fine.
https://t.co/6IVtsfX24P #Equifax #cybersecurity #disappointed
#Equifax settlement for data breach will only cost it $4 per personhttps://t.co/p0OP8YX44U
— Jennifer Bach (@bachified) July 23, 2019
Why Safaricom should be worried about the data breach case: https://t.co/p5l9dK87Pe
— Ongili Raro (@Morris_Aron) July 23, 2019
Interesting twist in the Equifax's settlement: Affected consumers can be reimbursed, at $25/hr, for the time they spent dealing with it on things like phone calls to banks, credit agencies, etc.
— Stacy Cowley (@StacyCowley) July 22, 2019
It's a recognition that people's time has value.https://t.co/e2D6YIOaiH
In short, your personal data is worth approximately (and only) $2.83.https://t.co/TMtXYGDa63
— Matthew Tomaszewicz (@shinguardian) July 23, 2019