Can You Get Compensation for a Data Breach?

Yes, you can get compensation in a data breach, and it typically comes in a couple of different formats. If your lawyers are successful for you, either through settlement or going through trial, they will typically get you cash compensation. This will be for out-of-pocket losses that you can show you incurred as a result of the breach. In many cases, you will also receive a flat payment of a certain amount. Additionally, they may offer you a credit monitoring or medical monitoring program so that, going forward, you feel protected in the event that your information was disclosed and is out in the public. If something happens, you’ll get alerted about it.