Violation Tracker Individual Record

Company: 
Equifax
Current Parent Company: 
Equifax
Penalty: 
$525,000,000
Year: 
2019
Date: 
July 22, 2019
Primary Offense: 
consumer protection violation
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 Parent: 
USA
HQ State of Parent: 
Georgia
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
miscellaneous services
Specific Industry of Parent: 
credit rating services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.