Chief Judge Thomas Thrash of the Northern District of Georgia gave final approval to the $7.75m settlement yesterday during a hearing held via Zoom. Legal fees of $2m were included in the resolution.
As part of the agreement, Equifax has committed to investing an additional $25m to enhance data security measures tailored to financial institutions. The investment is scheduled to occur over the next two years.
via Judge Signs Off on $7.75m Equifax Settlement – Infosecurity Magazine.
