Equifax To Pay Indiana $19.5M To Settle Data Breach Suit

Law360 (April 15, 2020, 8:41 PM EDT) -- Equifax has agreed to shell out $19.5 million to resolve the Indiana attorney general's claims that the credit reporting giant put profits ahead of data security in the run-up to a massive 2017 data breach, a sum the regulator said exceeds the payout that nearly every other state received as part of a historic multistate deal announced last year. 

Indiana was one of only two states — along with Massachusetts — that declined to participate in July's landmark deal under which Equifax paid out $175 million to 48 U.S. states, the District of Columbia and Puerto Rico, as well as millions more to other regulators and...

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