Plaid also must reduce the amount of data it stores and give customers more information about its security practices.

As part of the settlement, Equifax also must spent $1 billion to improve its digital systems.

Mick Mulvaney revealed Thursday that the agency had suffered some 240 “lapses” in data security over an unspecified time period, in addition to a suspected 800 other…

Equifax's chief executive was formally invited Wednesday to testify Oct. 3 before Congress by top members of the House Energy and Commerce Committee.