Authority
FTC
Country
United States
Date Issued
July 22, 2019
Industry
Finance
Summary
Equifax settled for up to $575 million after a 2017 breach that exposed personal data of 147 million consumers, including Social Security numbers, due to failure to patch a known vulnerability. The company failed to implement adequate security measures and risk assessment procedures to protect sensitive personal information.
Violation Types
Data BreachSecurityRisk Assessment
Articles Violated
FTC Act Section 5
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