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Capital One Bank will distribute $190 million to its clients for theft of their personal data – El Diario NY

The News GlorybyThe News Glory
26/10/2023
Capital One Bank will distribute $190 million to its clients for theft of their personal data – El Diario NY

Millions of Capital One bank customers have less than a month to request a payment of a $190 million deal which the company agreed to following a class-action lawsuit filed last year.

The victims were bank customers whose personal data was stolen in a hacker attack.

Emails notifying about payments began going out to customers on September 28.

The data breach happened in 2019, when a hacker gained access to the personal information of approximately 98 million Capital One users.

The final approval of the class action settlement was on September 13 of last year.

The agreement was for an amount of $190 million dollars and the money will be used to pay claims for money losses during the lawsuitlost time, identity defense services and restoration services.

It will also be to cover administrative and notification costs and service bonuses for representatives of the lawsuit.

The money will also cover attorneys’ fees, costs and expenses, as approved by the court.

The first email that arrives will alert the customer that they are receiving a payment. It will come from the email address noreply@epiqpay.com and will have the first and last name of the beneficiary.

The email will also include the payment amount you will receive, which can be up to $707 dollars.

After the first email, a second email will be sent containing a link to claim payment.

Affected customers They have until November 27 to claim and have payment made with an electronic transfer.

If a customer does not respond by that date, they will still receive a paper check, but until December.

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