Four Chinese military hackers have been charged with breaking into the computer networks of the Equifax credit reporting agency and stealing the personal information of tens of millions of Americans, the Justice Department announced Monday.
Victims of the breach may file a claim for either 10 years of free credit monitoring or cash reimbursement up to $125.
Following one of the largest breaches ever to threaten Americans’ private information, more than 15 million victims have put in claims for redress.
The Yahoo settlement situation appears to be similar to Equifax's.
Have you signed up to get your $125 from the big Equifax settlement? You might be disappointed.
For U.S.-based firms, costs associated with data breaches are significantly higher.
The money will reimburse individuals for everything from the time spent filing for credit freezes after the breach, to free monitoring services for the next 10 years.
The firm is not required to plead guilty, but executives could be charged in the future.
The deal could be announced as early as Monday.
Facebook's second-in-command behind CEO Mark Zuckerberg has broken up with her billionaire boyfriend
The report was requested by Sen. Elizabeth Warren, D-Mass., and Elijah Cummings, D-Md.
Equifax confirmed its CEO will be in attendance.
Credit reports will need to be re-secured once the TrustedID Premier offer expires.
From Facebook to Marriott, here are the biggest companies that have suffered breaches over last year.
Hackers profit more when they can sell a correlated set of data for an individual.
A law took effect Friday to help consumers protect their personal data.
An overwhelming majority of Americans have taken steps to protect their identity over the past year.
The social media site said a hacker broke into a few of its systems and accessed some user data.
The software engineer is said to have netted more than $75,000 in ill-gotten gains.
Last year's hack exposed personal info for nearly 148 million Americans.