Basic Search  |  Summaries  |  Advanced SearchPenalty: £11,164,400
Year: 2023
Date: 17 October, 2023
Offence Group: consumer-protection-related offences
Offence Type: privacy violation
Violation Description: Equifax agreed to pay a fine of £11 million in settlement of a finding by the FCA that the company failed to properly handle customer data and provide customers with accurate and timely information, following the 2017 cybersecurity breach in the US, which also processed UK consumer data.
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: United States
Ownership Structure of Parent: publicly traded
Major Industry of Parent: miscellaneous services
Specific Industry of Parent: credit rating services
Source of Data: (click here)