Comcast: Comcast’s $117.5M Data Breach Deal Nears Finish Line

Comcast: Comcast’s $117.5M Data Breach Deal Nears Finish Line

Comcast Nears $117.5M Settlement Over 2023 Data Breach Affecting 30M Customers

A federal judge in Pennsylvania’s Eastern District has granted preliminary approval for a $117.5 million settlement in a class-action lawsuit against Comcast, stemming from a 2023 cyber intrusion that potentially exposed sensitive data of over 30 million current and former customers.

If finalized, the agreement would resolve two dozen lawsuits filed against the telecommunications giant. Affected customers would receive one of two remedies:

  • Three years of financial monitoring and identity theft protection, or
  • A choice between reimbursement for documented losses up to $10,000 or a $50 cash payment.

The settlement structure allows for proof-based compensation for those who can demonstrate harm, while others may opt for a flat payout.

Comcast, while not opposing the settlement, has denied liability for the breach, disputing the plaintiffs’ claims in court filings. The company has not commented publicly on the matter. The final court review will determine whether the agreement is approved.

Source: https://usaherald.com/comcasts-117-5m-data-breach-deal-nears-finish-line/

Comcast cybersecurity rating report: https://www.rankiteo.com/company/comcast

"id": "COM1769288328",
"linkid": "comcast",
"type": "Breach",
"date": "1/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': '30 million',
                        'industry': 'Telecommunications',
                        'location': 'United States',
                        'name': 'Comcast',
                        'size': 'Large',
                        'type': 'Corporation'}],
 'customer_advisories': 'Affected customers eligible for financial monitoring, '
                        'identity theft protection, or cash payment',
 'data_breach': {'number_of_records_exposed': '30 million',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': 'Sensitive customer data'},
 'date_publicly_disclosed': '2023',
 'description': 'A federal judge granted preliminary approval for a $117.5 '
                'million settlement in a class-action lawsuit against Comcast '
                'following a 2023 cyber intrusion that potentially exposed '
                'sensitive data of over 30 million current and former '
                'customers.',
 'impact': {'data_compromised': 'Sensitive customer data',
            'financial_loss': '$117.5M settlement',
            'identity_theft_risk': 'High',
            'legal_liabilities': 'Class-action lawsuits'},
 'investigation_status': 'Settlement pending final approval',
 'references': [{'source': 'Federal court filing'}],
 'regulatory_compliance': {'legal_actions': 'Class-action lawsuits'},
 'title': 'Comcast 2023 Data Breach Settlement',
 'type': 'Data Breach'}
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