Business Alert: Equifax said victims of its massive hack would get up to $125. The FTC now says they will get 'nowhere near' that.

The Federal Trade Commission announced in a blog post Wednesday that 4 million people applied for the payouts, making it unlikely that they would be paid close to $125. The company and agency agreed to set aside only $31 million to reimburse the 147 million people affected by the data breach.

Democracy Dies in Darkness     Business Alert Jul 31, 7:27 PM     Equifax said victims of its massive hack would get up to $125. The FTC now says they will get 'nowhere near' that. The Federal Trade Commission announced in a blog post Wednesday that 4 million people applied for the payouts, making it unlikely that they would be paid close to $125. The company and agency agreed to set aside only $31 million to reimburse the 147 million people affected by the data breach. Read more » Advertisement You received this email because you signed up for news alerts from The Washington Post. Manage my newsletters and alerts | Unsubscribe Privacy Policy | Help ©2019 The Washington Post, 1301 K St NW, Washington DC 20071