Financial Giant Handing up to $5,000 per Person in Data Breach Settlement After Names, Social Security Numbers and More Exposed

A global financial giant has agreed to compensate those who were impacted by a major 2024 data breach.

According to the newly updated settlement portal, Prudential Financial (PRU) will provide up to $5,000 to those impacted by a cybersecurity attack in February 2024.

The class action lawsuit alleges that in February 2024, hackers were able to enter Prudential’s systems and gain access to files containing customers’ personal information, including names, dates of birth, account numbers, Social Security numbers, driver’s license numbers, addresses, phone numbers and email addresses.

Says the agreement,

“Prudential will establish a Settlement Fund of $4.75 million. The Settlement Fund will first be used to pay court-approved attorneys’ fees and costs, service award for the plaintiffs and the costs of administering the settlement.

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