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In 2017, Equifax experienced a data breach affecting over 148 million people, leading to a lawsuit with Experian. A $525 million settlement was reached, but not everyone qualifies for a payment. To claim the Experian settlement, a notice ID is required, which is provided to those affected by the data breach. For the Equifax settlement, proof of financial losses due to identity theft is necessary, such as expenses for filing a police report or hiring a lawyer.