Equifax agrees to pay up to $700 million to settle a probe into its massive data breach (EFX)

Equifax, one of the three largest credit reporting agencies, will pay as much as $700 million in fines over its 2017 data breach that revealed personal information on about 147 million people. 
The Federal Trade Commission announced the settlement in a statement on its website on Monday morning, nearly two years after the hack occurred. 
The proposed settlement would also require Equifax to provide free credit reports to all US customers.
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Nearly two years afte