
$10,000 Claim Deadline Approaches—Bassett Furniture Data Breach Settlement
The clock is ticking for those affected by Bassett Furniture’s massive 2021-2023 data breach. With a deadline of February 28, thousands of consumers are urged to file their claims for compensation before it’s too late.
As you may recall, in July 2021, an unauthorized party gained access to Bassett’s e-commerce systems, potentially exposing sensitive customer information, including Social Security numbers and financial details. Initially, the company downplayed the risk to personal data; however, further investigations revealed that a significant amount of sensitive information may have been compromised.
As a result, Bassett took swift action to address the issue by shutting down portions of its IT infrastructure, which temporarily disrupted some operations, such as manufacturing.
The compensation package offers a range of benefits to affected individuals. Those who received notification about the breach can file claims for:
* Ordinary Losses: Up to $2,000 in documented expenses like bank fees, credit reporting, credit freezing, professional fees, postage or mileage.
* Extraordinary Losses: Up to $10,000 for identity theft, fraud, or credit repair costs.
* Time Compensation: $25 an hour for up to 4 hours with no documentation, or 10 hours with proof. All claimants will also receive 24 months of complimentary credit monitoring.
To file a claim, individuals can either submit online through the settlement portal at BassettDataBreach.com or mail in a form, providing any necessary documentation to support reimbursement requests. Be sure to include your unique Notice ID number to avoid denial.
Don’t miss this critical opportunity to seek compensation for the distress and financial hardship caused by the data breach. File your claim today and take control of your digital security.
Source: http://www.forbes.com