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Violation Tracker Individual Record

Company: Equifax
Current Parent Company: Equifax
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $175,000,000
Year: 2019
Date: July 22, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: privacy violation
Mega-Scandal: Data Breach Liability
Violation Description: Equifax agreed to pay $175 million to 47 states as part of the settlement of claims stemming from a 2017 data breach that exposed the personal information of more than 147 million consumers. At the same time, Equifax agreed to create a consumer redress fund of at least $300 million and pay a $100 million civil penalty to the Consumer Financial Protection Bureau.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: credit rating services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.