Americans have just over two weeks to apply for compensation
LAST CHANCE Final days for Americans to get up to $7,500 from $2.9 million data breach settlement – just fill out online form
A SETTLEMENT is paying eligible Americans up to $7,500 to resolve claims it failed to prevent a data breach.
Communication Federal Credit Union (CFCU) has agreed to a $2.9 million class action after sensitive data was stolen between December 31 2023 and January 11 2024.
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Americans who potentially had their personal information poached will benefit from the arrangement.
The breach compromised names, birth dates, addresses, social security numbers, driver’s license numbers, bank account information and card numbers.
Eligible Americans are set to receive either a cash payment or reimbursement for any out-of-pocket expenses related to the shock breach.
CFCU customers who experienced out-of-pocket losses, can bag up to $7,500 for expenses.
These expenses usually include credit-related fees, ID replacement costs and fraud or identity theft losses.
Anyone who didn’t experience these types of losses can still expect to be granted a pro rata share of the settlement funds.
The pro rata funds have been estimated at $125, but they could get smaller or larger depending
Source: https://www.the-sun.com/money/15603019/americans-get-7500-data-breach-settlement-fill-online-form/
California Community Credit Union cybersecurity rating report: https://www.rankiteo.com/company/caccu
"id": "CAC1765101556",
"linkid": "caccu",
"type": "Breach",
"date": "12/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': None,
'industry': 'Financial Services',
'location': 'United States',
'name': 'Communication Federal Credit '
'Union (CFCU)',
'size': None,
'type': 'Credit Union'}],
'customer_advisories': 'Eligible customers notified of '
'compensation process via settlement '
'announcement',
'data_breach': {'data_encryption': None,
'data_exfiltration': None,
'file_types_exposed': None,
'number_of_records_exposed': None,
'personally_identifiable_information': 'Names, '
'birth '
'dates, '
'addresses, '
'social '
'security '
'numbers, '
'driver’s '
'license '
'numbers',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Personally '
'Identifiable '
'Information (PII)',
'Financial '
'Information']},
'date_detected': '2024-01-11',
'description': 'Communication Federal Credit Union (CFCU) has '
'agreed to a $2.9 million class action settlement '
'after a data breach compromised sensitive '
'customer information between December 31, 2023, '
'and January 11, 2024. Eligible Americans can '
'apply for compensation of up to $7,500 for '
'out-of-pocket expenses or receive a pro rata '
'share of the settlement funds.',
'impact': {'brand_reputation_impact': None,
'conversion_rate_impact': None,
'customer_complaints': None,
'data_compromised': 'Names, birth dates, addresses, '
'social security numbers, '
'driver’s license numbers, bank '
'account information, and card '
'numbers',
'downtime': None,
'financial_loss': '$2,900,000 (settlement amount)',
'identity_theft_risk': 'High',
'legal_liabilities': 'Class action settlement',
'operational_impact': None,
'payment_information_risk': 'High',
'revenue_loss': None,
'systems_affected': None},
'initial_access_broker': {'backdoors_established': None,
'data_sold_on_dark_web': None,
'entry_point': None,
'high_value_targets': None,
'reconnaissance_period': None},
'post_incident_analysis': {'corrective_actions': None,
'root_causes': None},
'ransomware': {'data_encryption': None,
'data_exfiltration': None,
'ransom_demanded': None,
'ransom_paid': None,
'ransomware_strain': None},
'references': [{'date_accessed': None,
'source': 'The US Sun',
'url': None}],
'regulatory_compliance': {'fines_imposed': None,
'legal_actions': 'Class action lawsuit',
'regulations_violated': None,
'regulatory_notifications': None},
'response': {'adaptive_behavioral_waf': None,
'communication_strategy': 'Public settlement '
'announcement and '
'compensation offer',
'containment_measures': None,
'enhanced_monitoring': None,
'incident_response_plan_activated': None,
'law_enforcement_notified': None,
'network_segmentation': None,
'on_demand_scrubbing_services': None,
'recovery_measures': None,
'remediation_measures': None,
'third_party_assistance': None},
'title': 'Communication Federal Credit Union (CFCU) Data Breach '
'Settlement',
'type': 'Data Breach'}