Could you get a $25k payout? Claim your share of Capital One's $190M settlement now!

In today’s digital world, protecting personal information is more important than ever. Capital One’s 2019 data breach exposed vulnerabilities, leaving customers at risk.

But now, there’s a potential silver lining—those impacted may still be eligible for financial benefits.


In 2019, a significant data breach at Capital One impacted an estimated 98 million customers.

Personal information, including credit scores, payment history, and contact details, was exposed.


compressed-pexels-cup-of-couple-6633599.jpeg
The $190 million settlement for the data breach that impacted 98 million customers has resulted in payments being issued. Image source: Pexels.


This led to a class-action lawsuit and a substantial $190 million settlement approved in 2022.

The settlement aimed to compensate those affected, with initial payments of up to $25,000 beginning in September 2023.

The settlement has officially closed, but the story doesn't end there.


Capital One is offering ongoing services such as “identity defense” and “free restoration” to support claimants further.

These services have been extended through February 13, 2028, providing a long-term safety net for those impacted.


If you're a Capital One customer who was affected by the 2019 data breach, it's crucial to understand what you're entitled to and how to access these benefits.

The deadline for filing a claim for Lost Time or Out-of-Pocket Losses has passed, but the Identity Defense Services and Restoration Services are still available.

For those who have already accepted an initial payment, a second payment was issued on September 4, 2024.


If you enrolled for Identity Defense Services, you should have received instructions via email.

If you didn't receive this email, don't worry—you can still enroll and take advantage of these protective services.

Even if you didn't submit a claim, Restoration Services are available to all class members.

Capital One has partnered with Pango to extend these services for an additional two years, totaling five years of support.


The Capital One settlement is more than just a financial recompense; it's a catalyst for change across the financial sector.

Institutions are now expected to bolster their cybersecurity measures and reassess fee policies to prevent similar breaches and legal challenges.

This could lead to a more secure financial environment for all consumers.


If you believe you're part of the Capital One class affected by the 2019 data breach, take action:

1. Check your eligibility for Identity Defense and Restoration Services on Capital One's website.
2. Enroll in the services offered to ensure you're protected moving forward.
3. Stay informed about your rights and benefits as a class member.

Remember, in the digital age, staying informed and proactive is the key to safeguarding your personal and financial information.

Let's work together to ensure that our golden years are secure and free from the worry of data breaches and their fallout.
Key Takeaways
  • Capital One customers affected by a 2019 data breach can no longer submit claims, as the settlement is officially closed, but can still access ongoing benefits such as identity defense and free restoration services.
  • The $190 million settlement for the data breach that impacted 98 million customers has resulted in payments being issued, with the latest round distributed on September 4, 2024.
  • Even though the claim filing period is closed, Capital One is extending identity defense services through February 13, 2028, and restoration services remain available to all class members.
  • The Capital One Bank settlement is likely to drive improvements in data security measures within the financial sector and could lead to potential reforms in fee structures, as reported by ABC.
Have you been affected by the Capital One data breach? Have you claimed your benefits, or are you planning to enroll in the protective services offered? Share your experiences and insights with the GrayVine community.
 

Join the conversation

News, deals, games, and bargains for Americans over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, The GrayVine is all about helping you make your money go further.

The GrayVine

The GrayVine searches for the best deals, discounts, and bargains for over 60's. From everyday expenses like groceries and eating out, to electronics, fashion and travel, we're all about helping you make your money go further.
  1. New members
  2. Jokes & Fun
  3. Photography
  4. Nostalgia / Yesterday's America
  5. Money Saving Hacks
  6. Offtopic / Everything else
  7. News & Politics
Share With a Friend
Change Weather Zip code ×
Change Petrol Postcode×