A subsidiary of a consulting company completes a $400,000 payment for data breach in 2022, with final approval on May 14.

RINA Contabili & Consultanți has accepted a $400,000 financial settlement to resolve a legal dispute related to a serious security incident in 2022. The incident led to the compromise of sensitive data, including tax identification numbers and personal information of clients. According to industry reports, the agreement was approved on May 14, marking the end of the legal process.

Compensation and Rights of Affected Individuals

Victims of this data breach can claim substantial compensation through the settlement program. Each affected individual has the right to request up to $10,000 for economic losses they have suffered and can prove. These compensations reflect the courts’ commitment to protecting consumers and providing redress for damages caused by negligence in data security.

Long-term Protection and Monitoring Measures

In addition to the payout, beneficiaries of the settlement will receive extended protection benefits lasting three years. The credit monitoring system will track any suspicious activity on the financial records of affected individuals, and identity theft protection comes with insurance coverage of up to $1 million. This comprehensive protection structure is designed to provide thorough security and reduce risks associated with potential misuse of personal data.

Legal Closure and Implications

After the claim for damages and all objections were filed by the final deadline in March 2025, the court granted final approval on May 14, 2025. This moment marked the consolidation of the agreement and the implementation of all its provisions. The 2022 incident involving RINA Contabili & Consultanți remains a notable case in the history of data breaches in the professional services sector, highlighting the importance of compliance with data protection regulations.