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Real-World Examples

Several high-profile data breaches have resulted in significant compensation settlements. For instance, Equifax agreed to a settlement of up to $700 million following its 2017 data breach, which affected 147 million people². Similarly, British Airways was fined £20 million for a data breach that compromised the personal data of over 400,000 customers³. These cases highlight the importance of pursuing compensation and the potential financial redress available.