On May 13, for instance, the indictment says that one of the hackers ran a Structured Query Language command to identify general details about an Equifax data table, then sampled a select number of records from the database.
But Rotenberg notes that without a comprehensive data breach response plan within the federal government, a settlement like Equifax's may not have been much more effective even with an FTC fine.
They've negotiated a settlement with Equifax that entitles all victims to 10 years of free credit monitoring, or $125. This (unfortunately) could actually come in handy, given that Social Security numbers taken from Equifax are starting to show up on the dark web, and consumers have already suffered identity theft related to the breach, according to Pennsylvania attorney general Josh Shapiro.
SpaceX's Starship Rocket Test, Equifax Owes You, and More News. SpaceX unleashed the rocket that may carry humans to Mars, Equifax might owe you $125, and we've got a show for you to binge. Here's the news you need to know, in two minutes or less.
The state and federal groups that investigated Equifax touted the payout as an important wake-up call for all US corporations—especially since Equifax will also be required to make hundreds of millions of dollars of additional internal cybersecurity improvements on top of the fines.
On Friday, independent security journalist Brian Krebs revealed that the real estate and title insurance giant First American had 885 million sensitive customer financial records, going back to 2003, exposed on its website for anyone to access.