Media Giant Comcast Paying $117,500,000 Settlement To Millions of Customers Over Massive Data Breach
Media and tech giant Comcast is preparing to pay more than $100 million to settle a series of lawsuits over a massive data breach.
The breach happened back in 2023, when “unauthorized third parties” accessed Comcast’s internal network.
In total, 31.6 million customers are affected, with usernames and passwords, names, contact information, dates of birth and the last four digits of Social Security numbers at risk.
Now, a federal judge in Pennsylvania has granted preliminary approval to a class action settlement and scheduled a final approval hearing for July 7th.
Affected current and former customers can either receive free financial, credit monitoring and identity theft protection and a reimbursement of up to $10,000 for out-of-pocket losses, or they can receive a cash payment of $50.
Comcast has released a statement on the settlement, which consolidates and resolves 24 cases related to the breach.
“Though we disagree with the claims, this settlement reflects our commitment to resolving this matter efficiently while continuing to prioritize the security and privacy of our customers.”
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chile’s May copper output falls sharply across top miners
5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says
Giustra: Copper market needs six new mines a year to 2050
Nasdaq Sees SK Hynix IPO Driving More Foreign Listings, Bloomberg Reports
