Chicago is one of the few municipalities including the District of Columbia to receive a settlement in the litigation against Equifax. Stephen Kane, deputy corporation counsel, said that the City’s settlement complemented settlements reached with Equifax by the federal government, state governments and private plaintiffs. Equifax has agreed to pay at least 380.5 million to resolve class action claims associated with its massive 2017 data breach. The data breach, which Equifax first disclosed to the public on September 7, 2017, exposed sensitive personal and financial data of Chicago residents, including full names, social security numbers, dates of birth, addresses, and for some, credit card numbers, driver’s license numbers and other personally-identifiable information.Īccording to the lawsuit, Equifax could and should have prevented the data breach by implementing and maintaining reasonable safeguards, consistent with representations it made to the public in its marketing materials and privacy policies, and compliant with industry standards, best practices, and the requirements of municipal law. /rebates/&.com252flegal-updates252fequifax-data-breach-settlement-benefits-to-be-distributed. 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. The City of Chicago filed a lawsuit in 2017 against Equifax, alleging that Equifax employed inadequate data-security measures that led to the breach. “This settlement represents a significant achievement by the law department, which worked hard on this matter to enforce City law protecting against unfair business practices,” said Corporation Counsel Mark Flessner. regarding the 2017 cybersecurity breach affecting 147 million people, including residents of Chicago. If you still have your claim number, you can enter it on the website to check the status of your claim. CHICAGO – The City of Chicago’s Department of Law today announced it has obtained a $1.5 million settlement with Equifax Inc. In exchange for resolving all outstanding class action claims against it, Equifax in 2019 agreed to a settlement that includes up to 425 million to help people affected by the breach. Objector Christopher Andrews slams Equifax settlement as stiff the victims deal - Atlanta Business Chronicle The objection, received Dec. The Equifax data breach settlement website will be updated with developments.
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