![]() ![]() Since the incident, Equifax has moved forward, taking meaningful steps to enhance our technology and security programs and will continue to focus on consumers, customers and regaining trust with all stakeholders. states and territories to settle allegations that the credit reporting company's failed to take reasonable steps to secure its network. state data breach notification laws generally do not. While we believe that factual errors serve to undermine the content of the report, we are generally supportive of many of the recommendations the Committee laid out for the government and private industry to better protect consumers, and have already made significant strides in many of these areas. agreed to pay at least 575 million, and potentially up to 700 million, as part of a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and 50 U.S. Accordingly, Equifax submits this statement to supplement the companys. We’ve told you to go to ftc.gov/Equifax, where you can find out if your information was exposed and learn how to file a claim with the company in charge of the claims. Equifax has worked in good faith for nearly 15 months with the Committee to be transparent, cooperative and shed light on our learnings from the incident in order to enrich the cybersecurity community. Just last week, the FTC and others reached a settlement with Equifax about its September 2017 data breach that exposed personal information of 147 million people. During the few hours we were given to conduct a preliminary review we identified significant inaccuracies and disagree with many of the factual findings. "We are deeply disappointed that the Committee chose not to provide us with adequate time to review and respond to a 100-page report consisting of highly technical and important information. ![]() If you filed a claim, keep an eye out for your payment. Payments for claims filed for out-of-pocket losses, time spent, and other cash benefits are now being sent. ![]() To protect yourself freeze your credit, have secure passwords and be sure to shred sensitive documents. In 2017, Equifax announced a breach that exposed the personal data of approximately 147 million people. The committee made several recommendations to prevent future incidents like the one at Equifax, including reducing the use of social security numbers as personal identifiers. Hurd thinks Congress should develop a national breach standard and consider penalizing companies for not following basic guidelines. ![]()
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