Equifax Sets Aside Nearly $700 Million for Expected Data Breach Payouts
HousingWire, May 10, 2019–Ben Lane
As part of its first quarter earnings release, Equifax CEO Mark Begor disclosed that the company set aside $690 million during the first quarter that includes the losses it expects to take in connection with a “potential global resolution of the consumer class action cases and the investigations by certain federal and state regulators.”
