You could be eligible for $5,000 cash–Find out how with just one simple requirement!
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In an era where digital footprints are as common as physical ones, the security of our personal information is more crucial than ever. For many Americans, the unsettling reality of data breaches has become an all-too-familiar concern.
But there's a silver lining amidst the chaos: if you've been affected by such a breach, you might be entitled to compensation—and securing it could be as straightforward as providing a single document.
Let's take a closer look at a recent example. Progressive, a household name in the insurance industry, has agreed to a $3.25 million settlement over allegations that it failed to adequately safeguard client information.
This settlement stems from a data leak that exposed sensitive details, including Social Security numbers and financial account data, due to a security event at one of Progressive’s third-party call center vendors from May 2021 to May 2023.
If you're among those whose personal information may have been accessed by unauthorized individuals, you could be eligible for up to $5,000 for damages incurred during this period.
To prove eligibility for the maximum compensation, you'll need to show documented losses. This evidence can include fraudulent charges, identity theft damages, and credit expenses.
For those who did not suffer documented losses, a cash payment from the settlement is still an option, although the amount will depend on the number of claims filed and the remaining funds available.
The takeaway here is clear: having documented proof of damage significantly increases your chances of receiving compensation.
All class members affected by the Progressive data breach are eligible for three years of credit monitoring and insurance services, which includes $1million in coverage and monitoring across all three major credit bureaus.
If you believe you're owed compensation as part of this settlement, you must submit a valid claim form by February 18, 2025.
The final approval hearing for the Progressive data breach settlement is scheduled for February 25, 2025, after which the distribution of funds will commence.
Progressive isn't the only company currently navigating the repercussions of a data breach. Over 8,500 individuals are part of a class action lawsuit against Nonstop Administration and Insurance Services, accused of failing to protect them from a data breach.
The company allegedly left sensitive data “unprotected,” leading to a “massive and preventable cyber attack.”
The final approval hearing for this settlement is scheduled for March 18, 2025. Read more about it here.
In light of these breaches, it's essential to understand how scammers might obtain your information.
Data breaches are a common source, as they allow hackers to access private databases and circulate personal details online, including on the dark web.
Other methods include wardialing, which uses automated systems to target specific area codes with phishing attempts, and data brokers who compile and sell personal information for advertising purposes.
Have you experienced a scare with your online personal information? Or have you experienced being part of a settlement because of a data breach? Share your thoughts and stories in the comments below!
But there's a silver lining amidst the chaos: if you've been affected by such a breach, you might be entitled to compensation—and securing it could be as straightforward as providing a single document.
Let's take a closer look at a recent example. Progressive, a household name in the insurance industry, has agreed to a $3.25 million settlement over allegations that it failed to adequately safeguard client information.
This settlement stems from a data leak that exposed sensitive details, including Social Security numbers and financial account data, due to a security event at one of Progressive’s third-party call center vendors from May 2021 to May 2023.
If you're among those whose personal information may have been accessed by unauthorized individuals, you could be eligible for up to $5,000 for damages incurred during this period.
Progressive has settled a class action lawsuit for $3.25 million due to a data breach affecting customers' personal information. Image source: Akela999 / Pixabay.
To prove eligibility for the maximum compensation, you'll need to show documented losses. This evidence can include fraudulent charges, identity theft damages, and credit expenses.
For those who did not suffer documented losses, a cash payment from the settlement is still an option, although the amount will depend on the number of claims filed and the remaining funds available.
The takeaway here is clear: having documented proof of damage significantly increases your chances of receiving compensation.
All class members affected by the Progressive data breach are eligible for three years of credit monitoring and insurance services, which includes $1million in coverage and monitoring across all three major credit bureaus.
If you believe you're owed compensation as part of this settlement, you must submit a valid claim form by February 18, 2025.
The final approval hearing for the Progressive data breach settlement is scheduled for February 25, 2025, after which the distribution of funds will commence.
Progressive isn't the only company currently navigating the repercussions of a data breach. Over 8,500 individuals are part of a class action lawsuit against Nonstop Administration and Insurance Services, accused of failing to protect them from a data breach.
The company allegedly left sensitive data “unprotected,” leading to a “massive and preventable cyber attack.”
The final approval hearing for this settlement is scheduled for March 18, 2025. Read more about it here.
In light of these breaches, it's essential to understand how scammers might obtain your information.
Data breaches are a common source, as they allow hackers to access private databases and circulate personal details online, including on the dark web.
Other methods include wardialing, which uses automated systems to target specific area codes with phishing attempts, and data brokers who compile and sell personal information for advertising purposes.
Have you experienced a scare with your online personal information? Or have you experienced being part of a settlement because of a data breach? Share your thoughts and stories in the comments below!
