State in line for $700M in deal to settle Equifax data breach

By Adrianna Pitrelli apitrelli@lawbulletinmedia.com

Posted July 29, 2019 12:08 PM

SPRINGFIELD — Illinois will be part of a $700 million settlement with Equifax that resolves a nationwide investigation into the consumer reporting agency. Attorney General Kwame Y. Raoul announced the settlement last week, saying some Illinois residents could be eligible for up to $20,000 each in compensation for damages from a massive data breach. Additionally, the state could receive about $7.3 million to cover the cost of litigation surrounding the issue. It’s all part of a $1.5 billion settlement stemming from a 2017 …

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