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.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

  Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Media Giant Comcast Paying $117,500,000 Settlement To Millions of Customers Over Massive Data Breach appeared first on The Daily Hodl.