Equifax settles data breach for up to $1b

Updated July 23 2019 - 8:08am, first published 8:05am
US credit reporting agency Equifax will pay a massive fine over a 2017 data breach.
US credit reporting agency Equifax will pay a massive fine over a 2017 data breach.

Credit reporting agency Equifax will pay at least $US700 million ($A995 million) to settle lawsuits over a 2017 data breach that exposed the Social Security numbers and similar sensitive information of roughly half of the US population.

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