The credit monitoring company has agreed to pay a minimum of $575 million total to victims, states and regulators (or a maximum of $700 million). This includes $300 million for up to 10 years of credit monitoring, with an additional $125 million set aside for that purpose if needed.
At least 143 million people were affected by the 2017 breach — some reports put that number closer to 150 million. The hackers gained access to sensitive data including birth dates, Social Security numbers, addresses and more. Engadget reports that the $545 million settlement amounts to just over $4 per person, which won’t do much to cover anyone’s losses if their stolen data is misused.