RegActions records a disclosed FCA monetary penalty of £11,164,400 dated 13 Oct 2023 for Equifax Limited.
Case facts
| Firm or individual | Equifax Limited |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 13 Oct 2023 |
| Penalty | £11,164,400 |
| RegActions breach classification | FRAUD |
| Public case ID | 14db96ce-bf6d-4384-8dcf-575a508a91bd |
Case summary
This Final Notice relates to the outsourcing of data processing to an intragroup entity which experienced a data breach. The Final Notice refers to risk management failings (PRIN 3) and failings in relation to treating customers fairly and communicating information in a way which is clear, fair and not misleading following a data breach. We imposed a financial penalty.
Official evidence
This page meets the public case-page evidence threshold.
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Scope
This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.