Crystal Bay Casino, nestled near the picturesque Lake Tahoe in Nevada, has reached a significant settlement in response to a class-action lawsuit stemming from a data breach in November 2022. Despite refuting any wrongdoing, the casino has agreed to a staggering $675,000 settlement to address the concerns of more than 86,000 individuals affected by the breach.

According to reports from ClassAction.Org, the data breach compromised the personal information of both employees and members of the Player’s Club. Now, eligible individuals have the opportunity to claim compensation ranging from $25 to $10,500, depending on the extent of their losses and the documentation they provide.

Under the terms of the settlement, those who received a data breach notification from Crystal Bay can claim payments of up to $500 for ordinary expenses. These expenses include bank fees, communication costs, and compensation for up to five hours of lost time at a rate of $20 per hour.

For individuals who experienced extraordinary losses due to identity theft or fraud between June 1, 2022, and June 4, 2024, higher compensation of up to $10,000 is available. However, documentation of these losses is necessary to qualify for payment.

Alternatively, class members who lack proof of payment or choose not to claim data breach-related losses can opt for cash payments ranging from $25 to $50, along with three years of free credit monitoring.

It’s essential for eligible individuals to take action promptly, as the deadline for filing a claim form is June 4. Additionally, those wishing to exclude themselves from the settlement or raise objections must do so by May 6, 2024.

This settlement serves as a reminder of the importance of safeguarding personal information in an increasingly digital world. As data breaches continue to pose a threat to individuals’ privacy and security, it’s crucial for organizations to prioritize robust cybersecurity measures to prevent such incidents from occurring in the future.