$20,000,000 Payout To Data Breach Victims Incoming, With 5,000,000+ People Set To Receive Settlement Share - The Daily Hodl

Victims of a massive data breach are set to receive their share of a multi-million dollar settlement after a court preliminarily approved the deal.

According to the settlement portal, $20 million will be shared among more than five million affected users of the cybersecurity firm Fortra’s file transfer platform.

The impacted data includes “names, addresses, dates of birth, member identification numbers, telephone numbers, employer names, Social Security numbers, start and end dates of health plan coverage, and health insurance information.”

The lawsuit was filed against Fortra, as well as rail service provider Brightline, healthcare firms Aetna, Community Health, Elevance Health, Fortra, Imagine360, Intellihartx, NationsBenefits and Santa Clara Family Health Plan.

Class members who provide “reasonable documentation for losses” of the 2023 data breach will receive up to $5,000. In the absence of documentation proving the extent of the losses they suffered as a result of the data breach, class members will receive around $85.

Claims must be submitted by August 29th. Besides the cash payment, class members are also eligible to receive dark web monitoring services for one year to mitigate the risks of potential identity theft and fraud.

The payments will be made once the court gives the class action settlement final approval. A final approval hearing of the lawsuit settlement terms will be held in mid-September.

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