![]() ![]() Read more about the Equifax breach right here. Per the FTC, emails from the address listed above are definitely legitimate. Individual payments were limited to no more than $125.Īlso worth pointing out, there’s still no official timetable on when you can expect to get your payment, at least as of the time of this writing.įor now, this is the most important thing: Given that there’s a lot of speculation and even skepticism you can find on social media about whether the Equifax breach settlement emails are legitimate or not, the bottom line is this. The Equifax breach settlement emails that people have been. The Equifax breach settlement emails that people have been getting, an example of which you can read below, are related to how much of that overall pie an individual consumer can expect to get (note: It’s not much). In the wake of Equifax’s 2017 data breach, which compromised the personal information of roughly 147 million consumers including names, birthdates and Social Security numbers the company. Bloomberg Bloomberg Getty Images Cash payments that were approved as part of Equifax ’s settlement over its 2017 data breach are now reaching consumers. The FTC sued the company, and Equifax agreed to a settlement amounting to 700 million, with 425 million going straight to consumers. The FTC sued the company, and Equifax agreed to a settlement amounting to $700 million, with $425 million going straight to consumers. Hackers were able to extract from Equifax’s servers a mountain of personal data, including names and birth dates, addresses, Social Security numbers, and some 209,000 payment card numbers and expiration dates. ![]() Soon after, the settlement administrator began sending emails and letters to people who filed a valid claim and. So now, if you signed up for credit monitoring as part of that settlement, you can take a few steps to switch it on. The settlement became final in January 2022. Last updated FebruEquifax will pay up to 425 million in restitution to those directly impacted by the massive data breach of the credit bureau in 2017. That’s because the settlement with Equifax was just approved by a court. But, basically, this is all a byproduct of the massive hack that Equifax had to disclose which affected some 147 million people. Lots of people recently got an email or letter about free credit monitoring through the Equifax settlement. 125: The most you can expect to get in compensation if your data was exfiltrated from Equifaxs systems. You can read more about what’s going on at the settlement’s background page right here. 143 million: Number of consumers whose data was potentially affected by the breach. ![]()
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