A significant settlement has been reached in the data security breach case involving RINA Accountants & Advisors. The company will pay $400,000 to address the consequences of the data breach that occurred in 2022, during which personal data including Social Security numbers were exposed. Affected individuals now have clear claims for compensation and comprehensive protection.
Claims for Damages and Financial Compensation
According to information from NS3.AI, affected persons can claim up to $10,000 for proven financial damages. The amount of compensation depends on the documented economic impact of the data breach. This compensation model considers individual losses resulting from the security incident in 2022.
Three Years of Identity Theft Protection
The settlement also includes extensive precautionary measures: all affected individuals will receive professional credit monitoring for a period of three years. This protection is supported by an insurance policy with a coverage amount of $1 million. This ensures that potential cases of misuse can be quickly identified and properly handled.
Application Process and Timeline
Interested parties must submit their claims for damages and objections by March 24. The approval of the entire settlement is scheduled for May 14. These deadlines facilitate a structured process that fairly addresses all affected parties and ensures the processing of claims related to the data breach incident of 2022.
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RINA Accountants & Advisors: $400,000 Compensation for Data Breach in 2022
A significant settlement has been reached in the data security breach case involving RINA Accountants & Advisors. The company will pay $400,000 to address the consequences of the data breach that occurred in 2022, during which personal data including Social Security numbers were exposed. Affected individuals now have clear claims for compensation and comprehensive protection.
Claims for Damages and Financial Compensation
According to information from NS3.AI, affected persons can claim up to $10,000 for proven financial damages. The amount of compensation depends on the documented economic impact of the data breach. This compensation model considers individual losses resulting from the security incident in 2022.
Three Years of Identity Theft Protection
The settlement also includes extensive precautionary measures: all affected individuals will receive professional credit monitoring for a period of three years. This protection is supported by an insurance policy with a coverage amount of $1 million. This ensures that potential cases of misuse can be quickly identified and properly handled.
Application Process and Timeline
Interested parties must submit their claims for damages and objections by March 24. The approval of the entire settlement is scheduled for May 14. These deadlines facilitate a structured process that fairly addresses all affected parties and ensures the processing of claims related to the data breach incident of 2022.