Have you heard of the Filters Fast Data Breach Settlement ? Do you want to find out more about the Filters Fast Data Breach Settlement? Continue reading for more details.
What is The Filters Fast Data Breach Settlement
In 2020 , the Filters Fast company announced the cybersecurity incident.
The breach exposed names, Social Security numbers, birth dates, billing information, insurance information, driver’s license numbers, and medical information. Solara Medical Supplies denied all wrongdoing, and the settlement does not qualify as an admission of guilt.
Filters Fast, based in Charlotte, North Carolina, is an online retailer that sells filters for systems such as air, water, pool and spa, and refrigerators
Filters Fast, an online air and water filter retailer, was notified by a credit card payment system management company on February 25, 2020 that its website had been flagged as a common point of purchase (“CPP”) for unauthorized credit card purchases. The CPP notification came seven months after an attacker exploited a known vulnerability in a plugin on the Filters Fast website that allowed the attacker to collect the names, billing addresses, expiration dates, validation codes and primary account numbers of customers who purchased products on the website via credit card.
Under the terms of the settlement, Filters Fast is required to pay the state of New York $200,000 ($100,000 of which is suspended on the condition that Filters Fast did not “materially misstate” its financial position). In addition, Filters Fast will be required to (1) execute and enforce systems and security measures to prevent future data breaches; (2) create a security program to ensure regular updates and reports to Filters Fast’s CEO; (3) execute an incident response and data breach notification plan to identify, contain, eradicate and recover from breaches; and (4) ensure that third-party security assessments take place over the next five years.
The plaintiffs argue Filters Fast bears responsibility for the breach through negligence, breach of implied contract and other violations. While Filters Fast denies any wrongdoing, the company has agreed to a settlement resolving these claims.
Information that was exposed in the Data Breach
The breach of data led to the release of multiple documents that have been linked to personal information such as names and address, residence address social security number, and various other documents that were submitted.
What is the Lawsuit All about
The Filters fast Data Breach was a direct result of the company failure to implement adequate cybersecurity measures. If you received a data breach notification, it is essential you understand what is at risk.
How to know if you are in the settlement class
Filters Fast customers may be eligible to benefit from a class action settlement resolving claims the company failed to protect their personal information during a data breach.
The class is made up of any U.S. resident whose credit or debit card was used to make a purchase on FiltersFast.com at any point between July 15, 2019, and July 10, 2020.
Under the terms of the settlement, Filters Fast will provide payments to class members who file a valid claim form.
Each class member’s payment will depend on their claim tier.
Tier 1 claimants are class members who attest to making a purchase using one or more payment card to make a purchase on the Filters Fast website during the class period, and who are able to provide reasonable proof of unreimbursed out-of-pocket expenses or losses caused by a fraudulent transaction on that card. Such losses could include credit-freeze fees, bank fees, certain transportation expenses and more. Tier 1 payments are capped at $750.
Tier 2 claimants are those class members who attest to making a purchase on the Filters Fast website using a payment card, who submit reasonable proof of a subsequent fraudulent charge on that card that was more likely than not caused by the data breach, and who attest the time they spent addressing this.
Filters Fast also has agreed to implement enhanced security on its website, 24-hour breach and security monitoring and other security measures to make their business practice more secure.
A final fairness hearing in the Fast Filters data breach settlement will be held July 22, 2022. The deadline for class members to opt out of or object to the settlement is June 3, 2022.
You can read the settlement Here
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