According to the FCC’s website (https://www.ftc.gov/enforcement/cases-proceedings/refunds/equifax-data-breach-settlement), a settlement has been reached in the Equifax data breach reported in September 2017 which affected 147 million people. The initial reports stated individuals could file for a $125 cash payment or credit monitoring services, but in an article from marketwatch.com (https://www.marketwatch.com/story/sorry-youre-not-getting-125-from-the-equifax-settlement-ftc-says-2019-07-31), the $125 payout has had an enormous response and the payout will most likely be less than $125 per person.
What is your next step? First visit the Equifax Data Breach Settlement page (https://www.equifaxbreachsettlement.com/) and see if your information was part of the breach. Click the “FIND OUT IF YOUR INFORMATION WAS IMPACTED” button. Enter your last name and last 6-digits of your Social Security Number and the page will report if your information was contained in the breach.
So your information was part of the breach, what do you do now? Credit monitoring services are available through Experian and Equifax. You may also be able to claim reimbursement for the time you spent dealing with misuse of your personal information caused by the data breach. Visit the Equifax Data Breach Settlement page https://www.equifaxbreachsettlement.com/ for more details.
Sources and more information:
Equifax Data Breach Settlement page