Indiana has secured a $19.5 million settlement from Equifax over a 2017 data breach that exposed the Social Security numbers and other private information of nearly 150 million people.
Indiana was one of only two states that did not participate in a multistate settlement in July 2019 that distributed $175 million in total to 48 states.
Attorney General Curtis Hill on Tuesday said Indiana negotiated a bigger settlement than any of the states that participated in the multistate settlement with the credit-reporting business.
“We knew back in 2019 that we could get a better deal for Hoosiers than the amounts being discussed as part of the multistate settlement,” Hill said in written comments. “In our own direct negotiations with Equifax representatives, we made sure to prioritize restitution payments for consumers affected by this preventable breach.”
Hill’s office said a claims process for Hoosiers who might be eligible for restitution payments will be outlined at a later date.
The Equifax data breach, which took place from May 2017 through July 2017, affected about 147 million Americans, including 3.9 million Indiana residents.
The settlement also requires Equifax to correct any security deficiencies and properly safeguard consumer information in the future.