5 ms·

> It turned out that the money set aside in the roughly $380 million restitution fund specifically for cash compensation was capped at $31 million I can't pars

> It turned out that the money set aside in the roughly $380 million restitution fund specifically for cash compensation was capped at $31 million I can't parse this, how can a $380m fund be capped at $31m, isn't that a $31m fund?

iudqnolq 7y ago
I think they're including the value of the credit monitoring they offered people in that
- thinkloop 7y ago
  Ah yeah you're right
- chatmasta 7y ago
  Which is utterly insane considering it’s a near 100% margin business for them. The breach was basically a funnel into their free trial of credit monitoring.
harryh 7y ago
The majority of the money is set aside for victims who can show specific damages. A relatively small portion was set aside for the vast majority of the victims who's information was leaked but not actually used to cause them any specific harm.
- basch 7y ago
  Since the leaked data never surfaced how can anyone prove damage?
  - pas 7y ago
    So was it leaked at all or just someone found the vuln?
    - basch 7y ago
      It hasnt surfaced. https://www.cnbc.com/2019/02/13/equifax-mystery-where-is-the-data.html https://www.cnbc.com/2019/02/13/equifax-mystery-where-is-the... Conjecture is it was a nation state.
toast0 7y ago
The money set aside ... specifically for cash compensation was capped at $31 M. It would have been somewhat more clear with something like It turned out there was a cap of $31 M specifically for cash compensation of the $380M restitution fund.