Conduent to pay $80M to settle 62-million-person data breach class action

CONDUENT Inc

$80M non-reversionary settlement fund covers class payments, credit/medical monitoring, class counsel fees and administration; requires court approval.
Breach: unauthorized access began on/about Oct 21, 2024, discovered Jan 13, 2025; ~62 million individuals' private information exfiltrated.
Class members can claim up to $3,500 for documented losses; one year of credit and medical data monitoring via CyEx provided automatically.
Amended consolidated complaint named clients AIG Procurement, Cigna, Elevance, Health Care Service Corp and Humana; settlement releases Conduent and affected clients.
Conduent denies liability; says it maintains cyber insurance and does not expect a material impact on financial position, results or cash flows.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.