Pharmacy giant Rite Aid is set to distribute $10,000 to customers implicated in a security breach, provided they can present a screenshot as evidence.
The staggering $6.8 million data breach settlement compelled the drugstore chain to issue checks following a data breach scandal last year.
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Credit: Getty
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Credit: Getty
Customers affected by the Rite Aid data breach on June 6, 2024, can benefit from the company’s mistake.
Anyone with evidence, which can simply be a screenshot, that indicates a loss related to the breach will be eligible for compensation.
According to the Rite Aid settlement website, “The Settlement Class includes all residents of the United States whose Personal Information was compromised or potentially compromised in the Rite Aid Data Breach, including all persons who received notice of the Data Breach.”
“You may submit a timely and valid Claim Form and provide supporting Reasonable Documentation that you spent money or incurred losses related to the Data Breach for up to $10,000.”
Additional forms of evidence that support your claims include credit card statements, bank statements, invoices, telephone records, screenshots, and receipts.
The settlement terms indicate that those affected may receive either a document loss payment or a cash payment of up to $10,000.
If a shopper has been affected by the breach but lacks proof, they may still qualify for compensation.
This will depend on the remaining funds Rite Aid has available after settling documented losses and the number of claims submitted.
If you’re seeking compensation, ensure that you file your claim before the deadline on July 7 this year.
Anyone who received a data breach notification, had their information compromised, or was potentially affected is entitled to compensation.
Rite Aid is required to distribute these funds because, according to the lawsuit, the breach was preventable.
If the pharmacy had implemented adequate cybersecurity measures, it might have been avoided.
As a result of insufficient cyber defenses, customers’ names, addresses, birth dates, and driver’s license numbers were all exposed.
Following this revelation, Rite Aid faced criticism for the delay in notifying affected individuals about the breach.
Despite asserting they did nothing wrong, company owners agreed to a $6.8 million settlement to settle the lawsuit.
This comes at a time when Rite Aid is closing numerous physical stores across the nation.
As the third-largest drugstore chain in the U.S., following a bankruptcy settlement last year, Rite Aid has shuttered locations in several states.
Founded in 1962 in Scranton, Pennsylvania, by businessman, lawyer, and philanthropist Alex Grass, Rite Aid adopted its current name six years later and became a public company. By 1983, the chain had established itself as the third-largest retail drugstore chain in the U.S.
At its peak in 2008, Rite Aid operated over 5,000 stores, but due to financial strains, hundreds of stores were forced to close last year.
