July 22, 2019 / 11:04 AM / 5 months ago

Equifax to pay up to $700 mln to settle 2017 data breach -U.S. FTC

WASHINGTON, July 22 (Reuters) - Equifax Inc will pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive over 2017 data breach, U.S. regulators said in a statement on Monday.

The U.S. Federal Trade Commission, in a statement, said the credit reporting company would also have to implement a comprehensive information security program. (Reporting by Susan Heavey)

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