Sovos Compliance Data Breach Settlement: See If You Qualify

Did you come across the Sovos Compliance Data Breach Settlement circulating online? It’s not a scam.

In case you didn’t know, Sovos Compliance has agreed to pay over $3.53 million to settle claims that it didn’t stop a data breach in 2023. This breach affected around 490,000 consumers’ information.

What Is The Sovos Compliance Data Breach Settlement All About

The settlement helps people who got a notice about the data breach from Sovos or one of its customers saying their information was affected.

In a lawsuit, the plaintiffs said Sovos didn’t stop a data breach of its MOVEit Transfer app in 2023. This breach let hackers get into info stored by Sovos customers, including some in finance.

How Much Is The Settlement Amount

Sovos agreed to settle the data breach lawsuit for $3.53 million.

People in the class action lawsuit have two ways to get paid:

  1. You can get up to $2,000 for regular costs you had because of the breach between May 31, 2023, and June 10, 2024. You can also get up to $125 for the time you lost, and up to $10,000 for big expenses.

Getting Paid if You’re in the Lawsuit

1. Everyday Expenses:

  • These are normal costs like bank fees, phone bills, travel expenses, credit costs, and services to protect against identity theft.
  • However, you can also get paid for up to five hours of your time at $25 per hour. Just explain what you did after the data breach.

2. Serious Expenses:

  • These are big costs from fraud or identity theft because of the Sovos Compliance data breach.
  • You need to show proof of these losses, and they must have happened between the date of the breach and when you apply.
  • You should have tried to avoid or get paid back for these losses.

How To File A Claim

If you are eligible fill out a valid claim form before the deadline on June 10, 2024.

Click here to fill out a valid claim form.

Conclusion

Finally, In re: Sovos Compliance Data Security Incident Litigation, Case No. 1:23-cv-12100-AK is not scam. Just like American Express Data Breach Lawsuit, the plaintiffs said Sovos didn’t stop a data breach of its MOVEit Transfer app in 2023. Also, this breach let hackers get into info stored by Sovos customers, including some in finance.

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