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Capital One, plaintiffs suing over 2019 data breach reach $190 million settlement

( February 1, 2022, 15:31 GMT | Official Statement) -- MLex Summary: Plaintiffs suing Capital One and Amazon in a putative class action over a 2019 hacking incident affecting the personal data of 98 million Americans say they have reached a settlement requiring Capital One to pay out $190 million. In a motion for preliminary approval filed in the Eastern District of Virginia, plaintiffs said the settlement fund would go to direct compensation for losses and time spent dealing with the data breach as well as identity theft protection services for affected individuals. If approved, the settlement would end claims against the credit card giant and Amazon, whose cloud computing service was the site of the hack.See document below....

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