Green Diamond Resource Co. faced a **2023 data breach** that exposed the **personal information of nearly 28,000 consumers**, leading to a proposed **$695,000 settlement**. The breach allegedly resulted from negligent security practices, leaving affected individuals vulnerable to identity theft and financial fraud. Under the settlement, victims may claim **up to $5,000 each** for documented out-of-pocket losses, receive **pro rata payments** from the remaining fund, and access **credit-monitoring services** to mitigate long-term risks. The case, filed in the **US District Court for the Western District of Washington**, awaits judicial approval. The incident highlights the company’s failure to safeguard sensitive consumer data, resulting in financial and reputational damage, as well as potential ongoing risks for those affected.
TPRM report: https://www.rankiteo.com/company/green-diamond-resource-company
"id": "gre1903419092425",
"linkid": "green-diamond-resource-company",
"type": "Breach",
"date": "6/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': '28,000 consumers',
'industry': 'Natural Resources / Forestry',
'location': 'USA (Western District of Washington '
'jurisdiction)',
'name': 'Green Diamond Resource Co.',
'type': 'Company'}],
'customer_advisories': 'Credit-monitoring services offered to affected '
'consumers; reimbursement for documented losses (up to '
'$5,000 per individual)',
'data_breach': {'data_exfiltration': 'Yes (implied by breach description)',
'number_of_records_exposed': '28,000',
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High (personally identifiable '
'information)',
'type_of_data_compromised': 'Personal information'},
'description': 'Green Diamond Resource Co. agreed to pay $695,000 to settle '
'allegations of negligently failing to protect the personal '
'information of nearly 28,000 consumers in a 2023 data breach. '
'Affected individuals are eligible for reimbursement of up to '
'$5,000 each in documented out-of-pocket losses, pro rata '
'payments from the net settlement fund, and credit-monitoring '
'services. The settlement is pending approval by Judge Lauren '
'King in the US District Court for the Western District of '
'Washington.',
'impact': {'brand_reputation_impact': 'Potential damage due to negligence '
'allegations and breach disclosure',
'data_compromised': 'Personal information of ~28,000 consumers',
'financial_loss': '$695,000 (settlement amount)',
'identity_theft_risk': 'High (personal information exposed)',
'legal_liabilities': 'Class-action lawsuit settlement pending '
'approval'},
'investigation_status': 'Settlement proposed; pending judicial approval',
'post_incident_analysis': {'root_causes': 'Alleged negligence in protecting '
'personal information'},
'references': [{'source': 'US District Court for the Western District of '
'Washington (plaintiffs’ motion for preliminary '
'approval)'}],
'regulatory_compliance': {'legal_actions': 'Class-action lawsuit (settlement '
'proposed)'},
'response': {'communication_strategy': 'Settlement announcement via court '
'filings; credit-monitoring services '
'offered to affected individuals'},
'title': 'Green Diamond Resource Co. Data Breach (2023)',
'type': 'Data Breach'}