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Violation Tracker Individual Record

Company: Equifax
Current Parent Company: Equifax
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $525,000,000
Year: 2019
Date: July 22, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal: Data Breach Liability
Violation Description: As part of the settlement of allegations that it engaged in unfair and deceptive practices in connection with a 2017 data breach, Equifax agreed to provide $425 million in consumer relief and pay a $100 million civil penalty to the CFPB. It also paid $175 million to the states (see separate entry).
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: credit rating services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.