Security News > 2020 > January > Wednesday is Deadline for Claims in 2017 Equifax Data Breach

Wednesday is the deadline to seek cash payments and claim free services as part of Equifax's $700 million settlement over a massive data breach.

The compromised data included Social Security numbers, birth dates, addresses, driver license numbers, credit card numbers and in some cases, data from passports.

You can make a claim if you can show you suffered identity theft "Fairly traceable" to the breach or if you can document you spent time and money dealing with securing your credit because of the breach, even if you weren't subject to identity theft.

All impacted consumers are eligible to receive 10 years of free credit monitoring, at least seven years of free identity-restoration services, and, starting in 2020, six free copies of their Equifax credit report each year for seven years.

According to the FTC, "Each person who takes the money option is likely to get a very small amount. Nowhere near the $125 they could have gotten if there hadn't been such an enormous number of claims filed." The FTC said that while cash remains an option, "You will be disappointed with the amount you receive and you won't get the free credit monitoring."

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