Prudential Financial Data Breach Settlement: $4.75M

Individuals in the U.S. whose private information—including names, Social Security numbers, account numbers, or other sensitive data—was compromised during the February 2024 Prudential data breach.

• For reimbursement claims: documentation of losses such as receipts, invoices, or identity theft reports.

• For California Consumer Privacy Act (CCPA) payments: proof of California residency and evidence that protected data (e.g., driver’s license or credit card info) was exposed.

• For impact payments (SSNs or TINs compromised): no documentation of losses required.

Prudential Financial has agreed to a $4.75 million class action settlement to resolve allegations that it failed to prevent a major cybersecurity breach in February 2024. The incident reportedly compromised the sensitive personal information of thousands of individuals, including names, Social Security numbers, driver’s license numbers, addresses, and financial account details.

Plaintiffs in the lawsuit claim Prudential’s failure to implement reasonable data security measures allowed unauthorized access to this information. Victims of the breach allegedly faced risks of fraud, identity theft, and long-term financial harm.

Prudential has not admitted any wrongdoing but chose to settle to resolve the claims and avoid further litigation.

What Class Members Can Receive

Eligible individuals may qualify for one or more of the following benefits:

• Documented Losses: Up to $5,000 for out-of-pocket expenses related to the data breach. This includes fraud-related charges, identity theft resolution services, credit monitoring costs, and replacement ID fees.

• Impact Payment: Between $200 and $599 for individuals whose Social Security numbers or tax identification numbers were compromised, even without proof of financial loss.

• California Consumer Privacy Act (CCPA) Payment: Between $100 and $599 for California residents whose driver's license, health data, or financial account information was exposed in the breach.

• Pro Rata Cash Payment: Individuals who do not qualify for any of the above categories may still receive a share of the remaining settlement fund, with amounts depending on the number of valid claims.