Comcast has agreed to pay $117.5 million as part of a settlement in a class-action lawsuit tied to a cybersecurity breach in October 2023 that exposed the personal information of millions of Xfinity customers.
The breach exposed usernames, passwords, names, contact information, last four digits of Social Security numbers, dates of birth, and/or secret questions and answers.
The lawsuit alleges that Comcast “failed to properly protect personal information in accordance with its duties” after hackers gained access to their internal systems between Oct. 16 and Oct. 19, 2023. Comcast disclosed the breach in December 2023 and has denied any wrongdoing.
The settlement website is now open for customers to submit claims. Here’s how to know if you’re eligible and what to do next.
Who can claim a payment
You’re eligible for a settlement payment if you received a notice on or around Dec. 18, 2023, informing you that your personal information may have been compromised.
If you are included in this settlement, you have until Aug. 14, 2026, to submit a claim form to receive reimbursement for out-of-pocket losses and/or lost time, or an alternative cash payment. Those affected have also been provided with an enrollment code for identity defense services and restoration services, which can be used after the settlement becomes final.
To opt out, you must submit a written request by June 1, 2026.
If you take no action, you will remain a Settlement Class Member and forfeit your right to sue or be part of another lawsuit regarding these claims. However, you’ll still be able to enroll in identity defense services and restoration services.
How much are settlement payments?
Those affected can qualify for settlement payments of up to $10,000 for documented out-of-pocket losses and lost time. However, if you choose to settle for a cash payment without any documented proof, you can qualify for a payment of $50.
Read more: How to create a strong password and protect your financial accounts
finance.yahoo.com
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