Progressive Leasing LLC

Progressive Leasing LLC has agreed to a **$3.25 million settlement** for a **2023 data breach** that exposed the **personal information of at least 216,000 individuals**. The breach led to potential identity theft risks, prompting the company to offer affected class members **identity theft protection services** and financial compensation—either **up to $5,000 for traceable out-of-pocket losses** or a **cash payment of up to $400**, with higher amounts for California residents under state laws. The exposed data likely included sensitive personal details, increasing the risk of fraud and financial harm for victims. The settlement, awaiting court approval, reflects the severity of the incident and its financial and reputational repercussions for the company.

Source: https://news.bloomberglaw.com/class-action/progressive-leasing-agrees-to-pay-3-25-million-after-data-hack

TPRM report: https://www.rankiteo.com/company/progressive-leasing

"id": "pro2293022102125",
"linkid": "progressive-leasing",
"type": "Breach",
"date": "6/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"

{'affected_entities': [{'customers_affected': 'At least 216,000',
                        'industry': 'Financial Services / Leasing',
                        'location': 'United States (headquartered in Utah)',
                        'name': 'Progressive Leasing LLC',
                        'type': 'Company'}],
 'customer_advisories': 'Eligibility for identity theft protection and cash '
                        'reimbursement/payment (up to $5,000 or $400, '
                        'respectively; higher for California residents)',
 'data_breach': {'data_exfiltration': 'Yes',
                 'number_of_records_exposed': 'At least 216,000',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High (personally identifiable '
                                        'information)',
                 'type_of_data_compromised': 'Personal information'},
 'description': 'Progressive Leasing LLC agreed to pay $3.25 million to settle '
                'a proposed class action lawsuit stemming from a 2023 data '
                'breach that exposed the personal information of at least '
                '216,000 individuals. Affected class members are eligible for '
                'identity theft protection and either up to $5,000 in '
                'reimbursement for traceable out-of-pocket losses or a cash '
                'payment up to $400, with California residents eligible for '
                'higher compensation.',
 'impact': {'brand_reputation_impact': 'Negative (settlement indicates '
                                       'reputational harm)',
            'customer_complaints': 'Class action lawsuit filed',
            'data_compromised': 'Personal information of at least 216,000 '
                                'individuals',
            'financial_loss': '$3.25 million (settlement amount)',
            'identity_theft_risk': 'High (identity theft protection offered to '
                                   'affected individuals)',
            'legal_liabilities': '$3.25 million settlement for proposed class '
                                 'action'},
 'investigation_status': 'Settled (class action lawsuit)',
 'references': [{'source': 'US District Court for the District of Utah (motion '
                           'for preliminary approval)'}],
 'regulatory_compliance': {'legal_actions': 'Proposed class action lawsuit '
                                            '(settled for $3.25 million)'},
 'response': {'communication_strategy': 'Settlement announcement via US '
                                        'District Court filing'},
 'title': 'Progressive Leasing LLC 2023 Data Breach Settlement',
 'type': 'Data Breach'}