This state is home to the happiest place on earth, Walt Disney World. Not only does the “Sunshine State” have more than 800 miles of beaches, but some lucky citizens in this state might also qualify for a whopping $5,000. However, before you rush to claim your money, it is important to note that only qualifying citizens were allowed to claim from this data breach settlement.
The data breach settlement that made life in the Sunshine State a little brighter
It’s never good news when the words ‘data breach’ are used together in a sentence. This was especially the case on May 16, 2024, when the Sunshine State’s financial institution FloridaCentral Credit Union, with more than 200,000 members, became the victim of hackers after a data breach.
A class action lawsuit followed suit, and plaintiffs claimed that FloridaCentral Credit Union was unsuccessful in preventing the 2024 data breach where hackers obtained information after striking the company’s email system, and thus ultimately failed to protect its members’ personal information. The alleged personal information breach included members’ bank account information and their Social Security numbers.
To resolve the data breach class action lawsuit, FloridaCentral Credit Union agreed to a settlement but did not admit any wrongdoing. While the settlement amount remained undisclosed, qualifying people were able to claim up to $5,000, as well as other benefits.
Only these people qualify to claim $5,000 from the settlement
You qualify to claim the benefits from the FloridaCentral Credit Union settlement if you believe that your personal information was potentially compromised during the data breach on May 16, 2024. To have claimed from the FloridaCentral Credit Union data breach settlement, you should have provided documented losses as proof, which include but are not limited to:
- Bank statements
- Credit reports
- Receipts
- Police reports
The FloridaCentral Credit Union benefits
You should never look a gift horse in the mouth, especially if you are a class member. It has been reported that all class members qualify for free credit monitoring for three years, including dark web monitoring, one-bureau credit monitoring, identity theft coverage of up to $1 million, and completely managed identity recovery services.
Qualifying class members can also claim the following monetary benefits:
- Flat payments of $100 per class member
- Payments of up to $5,000 for documented losses, including but not limited to
- Identity theft costs
- Credit monitoring expenses
- Fraudulent charges
To refresh your memory, a class member can be an individual or a group entity that has been affected by a class action lawsuit and is represented by a class representative or lead plaintiff.
The date that should be highlighted on your calendar
Some crucial dates for the FloridaCentral Credit Union data breach settlement have unfortunately already passed their deadlines, such as:
- The deadline to opt out or object was May 16, 2025.
- The deadline to file a valid claim form for the settlement benefits was June 2, 2025.
Anyone interested in the final approval hearing of the FloridaCentral Credit Union data breach settlement can add the scheduled date of June 16, 2025, to their calendars. Class members can expect to receive the FloridaCentral Credit Union data breach settlement benefits after the final approval hearing has been held.
Class action lawsuits such as this one are, unfortunately, perfect examples of how vulnerable we have become to cyberattacks and why it is essential that we, as well as companies, invest in proper cybersecurity measures, especially in the highly technological society we live in today. It is always recommended to be safe rather than sorry! For more information about this settlement, you can visit Top Class Actions and get informed about how to file a claim.
Read the whole thing?
Get the week's signal, not the noise
Our sharpest reporting on energy, climate and nature — free, once a week.
