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Equifax has bled $1.4 billion from 2017 breach, so far

May 14, 2019

Nearly two years after suffering a massive data breach, credit bureau Equifax is still bleeding money in settlements and legal fees.

Equifax’s latest earnings release tallies the costs associated with its 2017 cybersecurity incident at over $1.4 billion, which includes technology investments, professional services, staffing, regulatory sanctions, legal fees, and more. The costs also include the free credit monitoring services offered to those affected, following the incident.

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