As part of a $4.76 million settlement for a data breach in 2023, Group 1001 has agreed to give customers who were harmed up to $5,000 in compensation. They have until October 10, 2024, to file claims or file objections.
Group 1001 $4.76 Million Data Breach Settlement – Claim Up to $5,000 by October 10, 2024
As per the article of The US Sun, Group 1001, an insurance and annuity company, has reached a $4.76 million settlement after a 2023 data breach that compromised the sensitive information of nearly 475,947 customers, according to The US Sun.
People who were affected by this breach may be able to get up to $5,000 in compensation to cover costs like bank fees, communication costs, and charges connected to their credit. People who are qualified must send in their claims by October 10, 2024, along with proof of their costs, in order to get their share of the settlement.
Members of the class will also get extra perks from the settlement, such as free credit monitoring and identity theft protection services for three years and $1 million in identity theft insurance. If you were told you are eligible, you should check your mail for more information. Payments will depend on how many true claims are filed.
Group 1001 Data Breach Settlement Deadline: File Objections or Exclusions by September 10, 2024
The final meeting to approve the settlement will happen on October 3, 2024. By September 10, 2024, anyone who wants to opt-out or complain must do so. People who are eligible should act quickly to make sure they get their money and other perks.