Uncategorized

Equifax to pay up to $700M in data breach settlement

Published

7 years ago

July 22, 2019

FILE - This July 21, 2012, file photo shows signage at the corporate headquarters of Equifax Inc., in Atlanta. Equifax will pay up to $700 million to settle with the Federal Trade Commission and others over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people. The proposed settlement with the Consumer Financial Protection Bureau, if approved by the federal district court Northern District of Georgia, will provide up to $425 million in monetary relief to consumers, a $100 million civil money penalty, and other relief. (AP Photo/Mike Stewart, File)

NEW YORK (AP) — Equifax will pay at least $700 million — and potentially much more — to settle lawsuits over a 2017 data breach that exposed the Social Security numbers and similar sensitive information of roughly half of the U.S. population.

The settlement with federal authorities and states , reached Monday, includes up to $425 million in monetary relief to consumers, a $100 million civil penalty, and other offers to the nearly 150 million people who could have been affected. It can’t, however, guarantee safety for individuals whose stolen information could circulate on the internet for decades.

The breach was one of the largest ever to threaten Americans’ private information. The credit reporting company didn’t notice the intruders targeting its databases, who exploited a known security vulnerability that Equifax hadn’t fixed, for more than six weeks.

The compromised data included Social Security numbers, birth dates, addresses, driver license numbers, credit card numbers and in some cases, data from passports. The resulting scandal led to the abrupt dismissal of Equifax’s then-CEO and many other executives at the company.

“Companies that profit from personal information have an extra responsibility to protect and secure that data,” said Federal Trade Commission Chairman Joe Simons. “Equifax failed to take basic steps that may have prevented the breach.”

Equifax CEO Mark Begor said in a statement that the settlement “reinforces our commitment to putting consumers first and safeguarding their data.”

Consumer advocates were generally positive on the settlement, but had concerns about its timescale. Claims can only be filed for the next four years, but the thieves stole permanently identifiable information like Social Security numbers and birthdates, the data could be used for decades to commit identity theft.

“What happens if a consumer is the victim of ID theft in the fifth year resulting from the breach, which costs the consumer tens of thousands of dollars?” said Chi Chi Wu, staff attorney at the National Consumer Law Center.

Shares of Equifax, which plunged 30% following disclosure of the breach, have since made up that drop. On Monday, Equifax stock price closed at $137.84 — not far from its price of $141.45, where it was trading just before the breach was disclosed on Sept. 7, 2017. Business analysts say the settlement will remove a cloud of uncertainty over Equifax’s business.

It also, however, underscores that U.S. consumers are still at the mercy of the credit-reporting companies when it comes to protecting their crucial personal details. Two years after the breach, Equifax, along with its competitors TransUnion and Experian, remain the primary repositories of the data that banks use to make credit decisions.

They face little regulation and disclose few details about their operations, despite promises to tighten security and rebuild consumer trust. Ordinary people have no easy way to opt out of the data collection that lands their personal details in corporate databases.

Equifax’s CEO said he has seen zero evidence the stolen data has appeared for sale on the so-called “dark web” and no evidence of an increased identity theft because of the breach. The company did not provide any evidence to back up that claim.

Security experts said there’s really no way to know, especially in the absence of third-party validation. “You cannot determine with certainty that the information will never wind up in the hands of people who are going to use it,” said Ryan Calo, a law professor at the University of Washington.

“It is a lifetime risk exposure,” said Rich Mogull, CEO of the security firm Securosis, who added that the data might be useful for surreptitious uses beyond direct identity fraud.
Settlement payments will flow through a number of complex channels. Equifax will initially pay $380.5 million into a fund to cover identity theft resulting from the breach, as well as any costs related to credit monitoring. The company will pay an additional $125 million if victims’ out-of-pocket expenses deplete the initial fund.

Should all 147 million victims sign up for credit monitoring services, Equifax could potentially be on the hook for $2 billion.

Equifax will offer victims of the breach free credit monitoring services for up to 10 years, identity-restoration services for seven years, and six Equifax credit reports annually for the next seven years. That’s on top of the free report all credit reporting companies must offer U.S. residents every year.

Victims can also seek up to $125 as a reimbursement for the cost of a credit-monitoring product of their choice. Consumers must submit claims for free credit monitoring or cash reimbursements. The settlement received preliminary approval from a federal judge Monday, and claims can start processing Tuesday.

Equifax will have to spend at least $1 billion over five years to enhance its cybersecurity practices and will owe a $100 million fine to the Consumer Financial Protection Bureau and tens of millions of dollars to states and territories to settle their lawsuits.

For information on the terms of the settlement, as well as to file a claim, potential victims should go to https://www.equifaxbreachsettlement.com .

Uncategorized

Florida Freedom Stay Perfect at Home as Nashville Stampede Win Sixth Straight at PBR Freedom Days

Published

3 weeks ago

August 10, 2026

FNN SPORTS

SUNRISE, Fla. (FNN SPORTS) — The Florida Freedom remained perfect on their home dirt Saturday night, defeating the New York Mavericks 89-86.8 for their second consecutive victory at PBR Teams Freedom Days at Amerant Bank Arena.

The victory improved Florida to 5-2 on the season and extended its overall winning streak to three games, keeping the Freedom one game behind the league-leading Nashville Stampede.

Nashville improved to 6-1 after defeating the Texas Rattlers 259.45-89.15 for its sixth consecutive victory.

Florida Freedom Go 2-for-2 at Home

Florida needed only one qualified ride to secure its second victory of the homestand.

Austin Richardson delivered it in the opening frame, riding Blazin Halos Late Night Toss for 89 points. The score ultimately proved enough to secure the Freedom’s 89-86.8 victory.

New York’s Leonardo Castro responded with an 86.8-point ride aboard EmmDee, his first qualified ride of the season, but the Mavericks could not overtake Florida.

The Freedom finished 1-for-5, while New York also went 1-for-5.

Florida entered Saturday after winning its Freedom Days opener Friday and has now won three consecutive games dating back to the league’s Oklahoma City event.

With a 5-2 record, Florida sits alone in second place behind Nashville.

Nashville Stampede Extend Historic Winning Streak

The Nashville Stampede continued their league-leading start by defeating Texas three rides to one.

Nashville entered Saturday having established an organization record with its fifth consecutive victory Friday. The Stampede extended that record to six Saturday.

Alan de Souza opened Nashville’s scoring with an 87.2-point ride aboard Dealer’s Choice.

Texas briefly moved ahead when Brady Fielder posted an 89.15 aboard Texas Slim, but it would be the Rattlers’ only qualified ride of the game.

Rogério Venâncio put Nashville back in front with 88.55 points aboard Political Cowboy before Daniel Feitosa added 83.7 points on Lights Out during a re-ride opportunity.

Nashville finished with 259.45 points to Texas’ 89.15, improving the Stampede to a league-best 6-1.

Texas dropped to 4-3.

Austin Gamblers Rebound Against Missouri

The Austin Gamblers bounced back from Friday’s loss with a 178.1-90.6 victory over the Missouri Thunder.

Three-time PBR World Champion Jose Vitor Leme opened the scoring for Austin with an 89.05-point ride aboard Linebacker.

Missouri’s Felipe Furlan answered with the highest-scoring ride of the game, posting 90.6 points aboard Geralt.

Sage Steele Kimzey then delivered Austin’s decisive ride, scoring 89.05 aboard King Ding A Ling.

Austin improved to 3-4, while Missouri also moved to 3-4.

Defending Champion Carolina Cowboys Move Above .500

The defending PBR Teams champion Carolina Cowboys improved to 4-3 with a 261.95-175.45 victory over the Oklahoma Wildcatters.

Oklahoma’s Trace Redd opened with an 88.5-point ride aboard Diamond Back, but Carolina answered with three consecutive qualified rides.

Guilherme Valleiras scored 84.95 points aboard Organized Chaos, followed by Keyshawn Whitehorse’s 88.95 aboard Hoobastank. Adriano Salgado completed the Cowboys’ scoring with an 88.05-point ride on Hay Train.

Oklahoma’s Kase Hitt added 86.95 points aboard XIT Socks In A Box.

The Wildcatters fell to 3-4.

Arizona Ridge Riders Defeat Kansas City

The Arizona Ridge Riders improved to 4-3 after defeating the Kansas City Outlaws 266.9-174.4.

Luciano De Castro led Arizona with an 89.55-point ride aboard The Heat. Eduardo Aparecido added 88.6 points on Chili Mango, while Elizmar Jeremias scored 88.75 aboard Power Trip.

Kansas City’s Sandro Batista scored 87.05 points on Free Flight, while Hayden Welsh added 87.35 aboard Strawberry.

Arizona finished 3-for-5, while Kansas City went 2-for-5 and dropped to 2-5.

PBR Teams Standings After Saturday

Following Night 2 in Sunrise, Nashville leads the league at 6-1, with Florida alone in second place at 5-2.

Nashville Stampede — 6-1, 1,589.9 points
Florida Freedom — 5-2, 1,249.85
Arizona Ridge Riders — 4-3, 1,500.2
Texas Rattlers — 4-3, 1,153.45
Carolina Cowboys — 4-3, 1,062.75
Austin Gamblers — 3-4, 1,281.2
Missouri Thunder — 3-4, 1,070.35
Oklahoma Wildcatters — 3-4, 884.25
Kansas City Outlaws — 2-5, 966.35
New York Mavericks — 1-6, 1,132.35

Freedom Days Finale

The Florida Freedom will look to complete an undefeated homestand when PBR Teams Freedom Days concludes Sunday at Amerant Bank Arena.

Competition is scheduled to begin at 1:45 p.m. ET, with live television coverage beginning at 2 p.m. ET on The CW.

Nashville will enter the finale looking for a seventh consecutive victory, while Florida has an opportunity to keep pressure on the league leaders and close its home event with a perfect record.

Florida

House Majority Leader Steve Scalise, Jim Jordan, Randy Fine Endorse Joe Strada for Congress

Published

1 month ago

July 24, 2026

FNN NEWS

People attend an abortion-rights rally at the Utah State Capitol Saturday, May 14, 2022, in Salt Lake City. Demonstrators are rallying from coast to coast in the face of an anticipated Supreme Court decision that could overturn women's right to an abortion.(AP Photo/Rick Bowmer)

ORLANDO, Fla. (FNN NEWS) — Republican congressional candidate Joe Strada announced endorsements Thursday from House Majority Leader Steve Scalise and U.S. Reps. Jim Jordan of Ohio and Randy Fine of Florida, adding support from prominent conservative leaders to his campaign for Florida’s 11th Congressional District.

Strada, founder of Strada Services, said the endorsements reflect confidence in his business experience and commitment to advancing conservative priorities in Congress.

Conservative Leaders Rally Behind Strada

House Majority Leader Steve Scalise praised Strada’s private-sector leadership and pledged his support for the campaign.

“Joe Strada is a strong conservative Republican who will stand with President Trump to help us deliver on the America First agenda for hardworking families in Central Florida and across the country,” Scalise said. “Joe Strada has my full endorsement because, as a businessman, Joe knows firsthand what it takes to solve problems, create jobs and empower those who are willing to work for their piece of the American Dream.”

U.S. Rep. Jim Jordan highlighted Strada’s workforce development efforts and business record.

“Joe Strada has built the American Dream for countless families in Florida and across this great nation,” Jordan said. “He’s tackled the skilled worker shortage by building his own training program and graduating students directly into the workforce. Now, more than ever, we need leaders like Joe Strada in Congress because he is a problem solver who will stand up for our shared conservative values and with President Trump.”

Florida Congressman Randy Fine also endorsed Strada, citing their shared business backgrounds and longtime friendship.

“Joe Strada doesn’t just talk about the American Dream—he’s helped thousands of Floridians live it,” Fine said. “While Washington created problems, Joe built solutions by creating his own workforce training program and putting graduates directly into good-paying jobs across Central Florida. President Trump needs fighters who know how to get things done, and I want Joe standing with President Trump and me in Congress.”

Business Background

Strada is the founder of Strada Services, which the campaign describes as the nation’s largest privately held, family-owned provider of air conditioning, electrical, plumbing, and security services. His campaign has emphasized his experience as a self-made businessman and employer, arguing that his private-sector leadership prepares him to address workforce and economic challenges in Congress.

Campaign Message

According to the campaign, Strada is running on a conservative platform focused on supporting President Donald Trump’s America First agenda, strengthening workforce development, expanding job opportunities, and promoting pro-business policies.

The endorsements from Scalise, Jordan, and Fine are expected to bolster Strada’s campaign by highlighting support from influential Republican leaders with strong ties to the House Republican Conference and the conservative movement.

Looking Ahead

Florida’s 11th Congressional District is expected to draw significant attention during the 2026 election cycle. As the campaign progresses, endorsements from national and state Republican leaders are likely to remain an important part of candidates’ efforts to build support among primary voters.

Florida

Byron Donalds Courts Latino Voters in Kissimmee as Florida Governor Campaign Expands

Published

3 months ago

June 8, 2026

Willie David

KISSIMMEE, Fla. — U.S. Rep. Byron Donalds continued his campaign for governor by engaging Latino voters during a stop on his “Defending the Florida Dream” tour in Kissimmee, where he shared his vision for Florida’s future and discussed key issues impacting Hispanic communities.

Nación De Fe, Kissimmee, Florida. Photo by Hidekel Griffin / Florida National News

Florida National News was on hand to capture the event as Donalds met with supporters and community leaders while emphasizing economic opportunity, education, public safety, and preserving what he described as the “Florida Dream.”

Nación De Fe, Kissimmee, Florida. Photo by Hidekel Griffin / Florida National News

Latinos for Byron Coalition Launch

The Kissimmee event follows Donalds’ May 2026 launch of the Latinos for Byron Coalition, a statewide effort designed to strengthen support among Hispanic voters ahead of Florida’s Republican gubernatorial primary.

The Trump-endorsed congressman announced the coalition during a rally at Hialeah Park in Miami-Dade County, drawing approximately 300 supporters. Many attendees waved American and Cuban flags as Donalds outlined his vision for Florida and highlighted the growing influence of Latino voters in state politics.

Nación De Fe, Kissimmee, Florida. Photo by Hidekel Griffin / Florida National News

Republican Leaders Show Support

Joining Donalds at the Hialeah event were several Republican elected officials, including Hialeah Mayor Bryan Calvo, the city’s youngest mayor and a lifelong resident. State leaders in attendance included Sen. Bryan Avila and Reps. Juan Porras, David Borrero, and Alex Rizo.

Donalds said Hispanic communities play a vital role in Florida’s economy, culture, and future, and he pledged to continue policies focused on economic growth, educational excellence, and public safety.

Building a Statewide Coalition

The Defending the Florida Dream tour is expected to continue across Florida as Donalds works to build a broad coalition of supporters ahead of the 2026 election cycle. His campaign has placed a particular emphasis on engaging Hispanic voters, who represent one of the fastest-growing and most influential voting blocs in the state.

As the gubernatorial race develops, Latino outreach efforts are expected to play a significant role in shaping the Republican primary and the general election.

Florida National News will continue to follow the Defending the Florida Dream tour and provide updates from campaign stops across the state.