Lawsuits pile up against Equifax after massive data breach

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More than 30 lawsuits have been filed in the United States against Equifax after the credit reporting company announced that thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever.

At least 25 lawsuits had been filed in federal courts by Sunday, including at least one accusing the company of securities fraud, Reuters reports. Several more lawsuits were filed against Equifax on Monday. Many of those raising similar claims will likely be combined into a single, nationwide case.

Equifax disclosed the breach on Thursday, but said it learned of the hacking on July 29. It has set up procedures that it says are intended to help people protect their Social Security numbers and other identifying information.

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Some lawsuits criticized Equifax’s offer of a year of free credit monitoring with its TrustedID product. One complaint filed in San Jose, California, suggested that Equifax might do this to lay a “foundation” to pitch costlier services.

Reuters has the full story.

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