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I guess this is how we all finally get paid for our data. Just continually file for our $125 check as every company that exists is hacked over the next decade.
by seibelj 7y ago
I guess this is how we all finally get paid for our data. Just continually file for our $125 check as every company that exists is hacked over the next decade.
- Rebelgecko 7y agoFYI, getting a $125 check from Equifax is contingent on most of the people that are eligible to get one not actually requesting it. It'll probably be less
- mandelbrotwurst 7y agoYeah, there's only $31M allocated for those payouts :/
- pizza 7y agoIncredible, ~147 million people's data was exposed and they've only allocated 248,000 people's worth of checks. That's 0.17% of the victims..
- DangitBobby 7y agoSo less than 5% of the settlement goes to people affected? Yes, that seems reasonable...
- deleted 7y ago[deleted]
- mandelbrotwurst 7y agoRight? Also just FYI I pulled that number from https://www.theverge.com/2019/7/26/8932398/equifax-settlement-125-claim-wont-get-money-alternative-reimbursement-compensation https://www.theverge.com/2019/7/26/8932398/equifax-settlemen...
- Falkon1313 7y agoBecause most people won't qualify to get the payout. It's just restitution for people who responded to the news of the breach by paying for credit-monitoring services. If you didn't do that, you don't get paid. You just get free credit-monitoring service.
- tayo42 7y agoOur society should give up expecting these things to stay private, secure, secret etc and figure out how to do financial things another way.
- rasz 7y agodont you mean $2 check? Equifax settlement is capped at ~30mil