The U.S. Federal Trade Commission, along with the Consumer Financial Protection Bureau and 50 states and territories, announced a settlement Monday morning with Equifax related to its 2017 data breach. In the settlement, Equifax agreed to pay at least $575 million — and potentially up to $700 million — as part of what the authorities are calling a "global settlement," though monetary relief will only go to U.S. citizens. The 2017 data breach of Equifax affected at least 147 million consumers, including 145.5 million Social Security numbers and 209,000 payment card numbers and expiration dates. IAPP Editorial Director Jedidiah Bracy, CIPP, reports on the settlement, including reaction from the FTC, CFPB and Maryland's attorney general during a news conference and Consumer Union's Justin Brookman, in this report for The Privacy Advisor. 
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