Capital One Settlement: How Much Will You Get?

In 2019, Capital One faced a big data breach that shared over 100 million people’s personal info in the U.S. They agreed to pay $190 million to settle the class action lawsuit. Those who file a claim might get a part of this money.

A hacker got into sensitive data, like social security numbers and bank info. This has made people worry about identity theft and fraud. The last day to claim your part of the settlement hasn’t been set yet. But, it’s important for those who can claim to do so on time.

Key Takeaways

Capital One agreed to a $190 million settlement due to a 2019 data breach that exposed personal information of over 100 million individuals.
Class members who file a valid claim may be eligible to receive a portion of the settlement fund.
The deadline to file a claim for the Capital One settlement has not yet been determined.

The settlement amount will be distributed based on the number of valid claims received and the nature of the personal information exposed.
Eligible class members should stay informed and submit their claims within the allotted time frame to receive their share of the settlement.

What is the Capital One Settlement Lawsuit?

In July 2019, Capital One, a big credit card company, said a hacker got into over 100 million people’s personal info in the U.S. This included things like credit card apps and over 140,000 Social Security numbers. It was one of the biggest data breaches in finance history.

Because of this, a class action lawsuit was started against Capital One. It said the bank didn’t keep customer data safe. The lawsuit claimed people’s identities could be stolen and they faced more fraud risk. After talks, in 2022, Capital One agreed to pay $190 million to settle the lawsuit.

Background on the Hacker Incident

A former Amazon Web Services worker hacked into Capital One’s cloud servers. They got into customer data by using a weak spot in the bank’s firewall. This included things like credit card apps, bank account numbers, and Social Security numbers.

This was found out in July 2019. Capital One told everyone affected and the authorities. The hacker got caught and was charged with the crime. The case is still going on.

The Capital One settlement is one of the biggest from a data breach. It shows how serious the breach was and the bank’s mistake in keeping customer info safe. People who were affected might get money from the $190 million fund.

The last day to claim your part of the Capital One settlement is [insert deadline date]. If you were hit by the breach, you could get money from the $190 million fund. For more info on who can claim and how, check the official settlement site at [insert website URL].

Details of the Capital One Settlement

The $190 million Capital One settlement aims to help millions affected by a 2019 data breach. Those whose personal info like social security or bank details were shared can file a claim. They will get a part of the settlement fund.

How much each class member gets depends on many things. This includes the number of claims and the type of info shared. The deadline to file a claim is not set yet. But, it’s best to file early to get your share of the $190 million.

The settlement will be split fairly among those who file valid claims. Those whose info like social security or bank numbers were exposed will likely get more. This is because their information was more at risk.

To qualify for the Capital One settlement, you must have been affected by the 2019 breach. This happened in July 2019 and was a big deal in the finance world. Over 98 million Americans and 6 million Canadians had their personal info shared without permission.

Keep an eye on the official settlement website for updates on filing claims and deadlines. By acting fast and filing a claim, you can make sure you get your part of the $190 million.

Capital One settlement lawsuit how much will i get

The amount you might get from the $190 million Capital One settlement depends on a few things. This includes how many valid claims are filed and the type of personal info exposed. If your social security number or bank account details were shared, you might get a bigger payment.

The settlement money will be split among all who are eligible. So, we can’t say exactly how much each person will get yet. It’s important to file a claim soon to make sure you get your share. The last day to file a claim is July 2019.

To get a settlement payment, you must have had your personal info like names and addresses shared without permission. If your social security number or bank account number was shared, you could get more money.

How much you get will depend on how many valid claims there are. If lots of people file claims, the money will be split smaller. This means the $190 million will be divided among everyone who is eligible.

“We encourage all eligible class members to file a claim as soon as possible to ensure they receive their fair share of the settlement fund,” said the lead attorney for the class action lawsuit.

The deadline to file a claim is coming up fast. If you don’t file by then, you won’t get a settlement payment. For more details on the Capital One settlement and how to file a claim, check the official settlement website.

Conclusion

The $190 million Capital One settlement is a big step after the 2019 data breach. Over 100 million people had their personal info exposed. Those who file a claim might get a part of the settlement money. The amount they get depends on how many claims there are and what info was leaked.

It’s important for those who can claim to do so quickly. The deadline has not been set yet, but it will come. This way, they can get their share of the settlement money. The money aims to help those whose personal info, like social security and bank account numbers, was accessed without permission.

This $190 million settlement is a step towards making Capital One responsible. It offers some financial help to those affected. As we deal with data privacy and security, it’s key to stay alert. We must protect our personal info from future breaches and identity theft.

FAQ

What is the Capital One settlement lawsuit?

The Capital One settlement comes from a 2019 data breach. This breach exposed over 100 million people’s personal info in the U.S. Capital One agreed to pay $190 million to settle the class action lawsuit.

Who is eligible for the Capital One settlement?

People whose personal info, like social security numbers or bank account details, was leaked in 2019 might be eligible. They could get a part of the $190 million settlement fund if they file a valid claim.

What is the deadline to file a claim for the Capital One settlement?

The deadline to file a claim is yet to be set. It’s advised to file claims early to get your share of the settlement fund.

How much will I get from the Capital One settlement?

The payout depends on several things, like the number of claims and the type of info leaked. Those with social security numbers or bank account details might get more.

What happened in the Capital One data breach?

In July 2019, Capital One found out a hacker had accessed over 100 million people’s personal info in the U.S. This included credit card application data and over 140,000 social security numbers.