Citrix Agrees to $2.3M Settlement for Employees Impacted by Data Breach
Citrix employees impacted by a data breach that resulted in the theft of their data have secured a $2.275 million settlement.
The settlement, first agreed in June 2020, has now met with the approval of Judge Ron Altman, as reported by Bloomberg Law.
This week, the judge issued preliminary approval for the settlement figure in the US District Court for the Southern District of Florida.
The class-action lawsuit, involving roughly 24,300 members, will be settled in return for Citrix providing the $2.275 million fund, usable for credit monitoring services, ID theft recovery, and up to $15,000 in reimbursement for expenses and loss per claimant.
Citrix disclosed the data breach in March 2019 after being alerted by the FBI of a possible network intrusion. Cyberattackers had infiltrated the software giant’s internal servers for a period of roughly five months between 2018 and 2019.
