Equifax is a credit reporting agency. It collects and provides information on over 800 million individual consumers and more than 88 million businesses worldwide.
People around the world had their personal information exposed, such as names, social security numbers, etc. This put many at risk of identity theft as well as put their money at risk.
Around 147 million people were hacked. Fortunately, the data breach did not affect my family.
You can check if your data was breached through an online tool. Click here to check!
The Equixfax settlement is offering people affected by the data breach 125$. Fortunately, my parents did not use the services of Equifax, so we did not need any recourse.