In addition, Equifax reported that the hackers gained access to approximately 209,000 customers’ credit card numbers, and had gained access to financial dispute documents containing PII for approximately 182,000 U.S. This hack allowed criminals to access personally identifiable information (“PII”) such as names, Social Security numbers, birth dates, addresses, and driver’s license numbers, for millions of individuals. On September 7, 2017, Equifax announced that a massive cybersecurity data breach had occurred in its data systems from mid-May through July 2017. He was also appointed Co-Chair of the Expert Committee. Friedman was court-appointed to the Consumer Plaintiffs' Steering Committee. On February 12, 2018, Cohen Milstein's Andrew N. history by several orders of magnitude." He continued, "Additionally, the court finds that much of the relief afforded by the settlement likely exceeds what could be achieved at trial, and, taken as a whole the settlement represents a result that is at the high end of the range of what could be achieved through continued litigation." He concluded by commending plaintiffs' lawyers, "The plaintiffs' lawyers undertook extraordinary litigation risk in pursuing this case and investing as much time and effort as they did," Judge Thrash added. "Moreover, the amount of work devoted to this case by class counsel likely was a principal reason that they were able to obtain such a favorable settlement at a relatively early stage." In his ruling, Judge Thrash noted that the settlement was "the largest and most comprehensive recovery in a data breach case in U.S.
Equifax data breach settlement. upgrade#
The settlement consists of a record-breaking $425 million in monetary and injunctive benefits and requires Equifax to spend $1 billion to upgrade its security and technology.
granted final approval a landmark $1.5 billion settlement concluding this data breach class action affecting more than 147 million people in the U.S.
0 kommentar(er)
