They say that hindsight is 20/20—which unfortunately is no help to Equifax right now. Last week, the credit reporting agency finalized a $1.4 billion settlement with 147 million consumers who were impacted by the company’s 2017 data breach. Included in the agreement were a combined 10 years of credit monitoring and identity protection services.
While not every breach approaches the size or scope of Equifax, the settlement may illustrate some emerging trends—as well as a few nagging questions—over the way such incidents will be litigated in the future.
The Messaging Could Get Another Edit
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
