Equifax Is Facing Loads Of Lawsuits Over Breach

A stunning 44-percent of the U.S. population is being affected by the Equifax hack.

It’s no surprise then that the credit reporting company is facing at least 23 class-action lawsuits following the cyberbreach that left the information of 143-million people vulnerable to identity theft. The lawsuits filed over the weekend are actions some consumers are taking to claim a share in a possible company settlement or court judgment.

Equifax has not commented on the cases but acknowledged last week it expects costs related to the cyberattack. Members of the Senate Committee of Finance have sent Equifax detailed questions about the massive hack. They want to know information about the company's efforts to identify the number of consumers affected, the breadth of information compromised and the steps Equifax has taken to identify and limit potential consumer harm.Source: USA Today

Randy Bigley

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