Quick Answer: Finastra Technology agreed to a $3,125,000 settlement over its October 2024 cyberattack. If Finastra sent you a notice that your information may have been affected, you can claim up to $2,500 for documented losses or a pro rata cash payment with no proof, plus one year of credit monitoring. The claim deadline is November 27, 2026.
Key Takeaways
- Settlement fund: $3,125,000
- Documented losses: up to $2,500 with proof
- Pro rata cash payment: an equal share of the leftover fund, no proof needed, and no estimate has been published yet
- Credit monitoring: 1 year of CyEx Financial Shield Complete with $1 million in fraud insurance
- Claim deadline: November 27, 2026
- Opt out and objection deadline: November 13, 2026
- Final approval hearing: December 14, 2026 at 10:00 a.m. ET by Zoom
- You qualify only if Finastra sent you notice about the data incident
Quick Summary
| Item | Detail |
|---|---|
| Settlement fund | $3,125,000 |
| Documented losses | Up to $2,500 for losses between October 31, 2024 and November 27, 2026 |
| Cash option | Pro rata cash payment, no proof needed |
| Monitoring | 1 year of CyEx Financial Shield Complete with $1 million fraud insurance |
| Who is covered | US residents who were sent notice that their Private Information may have been affected |
| Defendant | Finastra Technology, Inc. |
| Claim deadline | November 27, 2026 |
| Opt out and objection deadline | November 13, 2026 |
| Final approval hearing | December 14, 2026, 10:00 a.m. ET, by Zoom |
| Official site | FinastraDataSettlement.com |
| Phone | (866) 719 4418, toll free 24/7 |
| Administrator | Finastra Data Incident Settlement, P.O. Box 25226, Santa Ana, CA 92799 9958 |
| Case | Tina Parsley Hughes, et al. v. Finastra Technology, Inc., Case No. CACE26013154, Circuit Court for Broward County, Florida |
What the Finastra Data Breach Settlement Is About
Finastra provides software to banks and other financial companies. The lawsuit says a targeted cyberattack on its systems in October 2024 gave an outside party access to files that held private information. Those files may have included names, dates of birth, Social Security numbers and financial account numbers.
Finastra denies doing anything wrong, and the court has not decided who is right. This is a state court case in Florida, not a federal one. To learn how these cases work, read what a class action lawsuit is.
Who Qualifies
The class covers all living individuals residing in the United States who were sent notice by Finastra that their Private Information may have been affected in the data incident. Finastra directors, officers and agents, government entities, the judge and court staff with their immediate family, and anyone who validly opts out are excluded. The notice says Finastra’s records show you are a class member if you received it.
How Much Will You Get?
You can claim credit monitoring and one cash option. See how class action payouts are calculated.
- Documented losses: up to $2,500 for out of pocket costs such as identity theft or fraud losses, credit report and freeze fees, ID replacement and postage, if they happened between October 31, 2024 and November 27, 2026
- Pro rata cash payment: instead of documented losses, an equal share of the money left after fees, costs, awards and other benefits. The notice expects a significant amount to remain, but no amount has been announced
- Credit monitoring: 1 year of CyEx Financial Shield Complete, with $1 million in financial fraud insurance and help from a fraud resolution agent
Class counsel will ask the court to approve $1,182,000 for attorneys fees and litigation costs, plus $2,500 service awards for each of the four class representatives. These come out of the fund.
How to File a Finastra Settlement Claim
- Find your notice and any claim ID on it.
- Go directly to FinastraDataSettlement.com. Do not use links in unexpected texts or emails.
- Choose credit monitoring and either documented losses or the pro rata cash payment.
- For documented losses, upload bank statements, receipts or other proof.
- Submit by November 27, 2026 and save your confirmation.
You can also download a claim form and mail it to Finastra Data Incident Settlement, P.O. Box 25226, Santa Ana, CA 92799 9958, postmarked by the same date, or request a paper form at (866) 719 4418 or info@FinastraDataSettlement.com. Filing is free. See how to claim settlement money and what to do when you get a class action notice.
Do You Need Proof?
Not for the pro rata cash payment or credit monitoring. Documented loss claims need proof such as bank statements or receipts. Notes you made yourself can support other proof but are not enough alone, and you cannot claim costs that someone else already reimbursed.
Opting Out or Objecting
The deadline for both is November 13, 2026. To opt out, send a signed request with the case name and number, your full name, address, phone and email, and the words “Request for Exclusion” or a clear statement that you do not want to take part. Mail it to Finastra Data Incident Settlement, ATTN: Exclusion Request, P.O. Box 25226, Santa Ana, CA 92799 9958. Opting out means no payment but keeps your right to sue.
To object, file a written objection with the Clerk of Court, 201 SE 6th Street, Fort Lauderdale, FL 33301, and send copies to the administrator, class counsel and Finastra’s lawyers. The notice sets a detailed list of required items, including proof you are a class member, your reasons, your past objections and whether you used artificial intelligence to prepare it. You can object only if you stay in the class, and you can still file a claim. If you do nothing, you get no benefits and give up your right to sue.
When Will Payments Be Made?
The court holds the final approval hearing on December 14, 2026 at 10:00 a.m. ET by Zoom, and the date can change. Payments go out after final approval and after any appeals end. No payment date has been announced.
Watch for Scams
Use only the official website and your notice. Never pay to file a claim, and never share your full Social Security number or bank login. Report fraud at ReportFraud.ftc.gov and read our guide to class action settlement scams.
Is the Payment Taxable?
Settlement payments can be taxable depending on what they replace. See is settlement money taxable and ask a tax professional about your situation.
Common Questions About the Finastra Data Breach Settlement
Can I still file a Finastra data breach settlement claim?
Yes, but time is short. The deadline is November 27, 2026, and you can file online or by mail.
Who qualifies for the Finastra settlement?
US residents who were sent notice by Finastra that their information may have been affected in the October 2024 data incident.
How much is the Finastra settlement payment?
Up to $2,500 for documented losses, or a pro rata cash payment whose amount has not been announced. Credit monitoring is also available.
Do I need proof for the Finastra cash payment?
Not for the pro rata payment. Only documented loss claims need receipts or statements.
Can I get credit monitoring and cash?
Yes. All class members can claim one year of CyEx Financial Shield Complete, and you can also claim one of the two cash options.
Is FinastraDataSettlement.com legitimate?
Yes. It is the website named in the court authorized notice. Type the address yourself instead of clicking links in messages.
Summary
The Finastra data breach settlement offers up to $2,500 for documented losses or a pro rata cash payment, plus one year of credit monitoring, to people Finastra notified about the October 2024 cyberattack. File by November 27, 2026, and see our open class action settlements for other claims.
Sources: the court authorized long form notice and the official settlement website. This page is for information only and is not legal advice.
Official Settlement Notice
Read the court approved long form notice for the Finastra settlement below.