South Dakota Gets $1 Million In Equifax Settlement

Jul 22, 2019

Credit State of South Dakota

The state of South Dakota is receiving approximately 1 million dollars as part of a settlement reached with Equifax.
 
Attorney General Jason Ravnborg says nearly 300-thousand South Dakotans were impacted by the hack.
 
He says the settlement money will go to further investigations, consumer protection areas and education.
 
“There is an opportunity for the public—if they were a victim of this privacy breach, which is outlined in our press release—if they go to www.FTC.gov/Equifax they can fill out a survey there themselves and they could potentially get some restitution directly,” Ravnsborg says.
 
Ravnsborg says that fund for those impacted by the breach is different from the settlement the state received.
 
It’s the result of litigation by 50 attorneys general investigating a massive 2017 data breach, exposing personal data of 56 percent of American adults.
 
It’s considered the largest ever breach of consumer data.