Loads of personal and sensitive information are collected and stored daily by various companies. This is all fair and well until a data breach occurs. Most of the time, measures are put in place by companies to provide adequate levels of information security.
This refers specifically to the protection of this information and the mitigation of potential security risks. These security protocols are usually all-encompassing and focus on the whole information process, from collection, transmission, storage, etc.
The value that information security brings
Information security also aims to provide protection to information such as that which relates to personal matters, financial, as well as confidential and sensitive information that is stored both physically and digitally. To get this done properly, a very comprehensive process is required. One of the defining factors in this process is to provide relevant protection against unauthorized access.
As noted before, this information relates not only to what is stored physically, but also digitally. Digitally stored information is quite vast and can refer to information available on the individual’s social media profile, information kept on a mobile phone, etc. So the areas that require protection are quite vast. Thus, this process must require an ongoing evaluation and monitoring of the process that requires regular updates.
The great Tyler Technologies data breach debacle
Founded in 1956, Tyler Technologies Inc. is a company based in Plano, Texas. The company provides proprietary software across the United States. In more recent matters, the company has been implicated in a 2024 data breach. The claim is that the company failed to prevent this breach, which compromised a lot of sensitive consumer information. The data breach is set to have occurred on 23 March 2024.
Individuals affected in this matter were informed via a notice letter about the compromise of their personally identifiable information. These individuals are eligible to claim in this matter. The details of the class action lawsuit brought against Tyler Technologies state that there was a failure to prevent the breach of sensitive consumer information. Tyler Technologies also failed to implement a reasonable measure of cybersecurity.
The intricate details of this class action lawsuit
Considering that the client base for which this company provides services stretches as far as schools, law enforcement, and courts, it is understandable that they have a lot of sensitive information. The company itself has denied any wrongdoing in this matter, but still agreed to the payment of an undisclosed settlement amount to resolve any further allegations in this matter.
Claimants in this matter can be open to receive an amount of up to $3,500 for identity theft, fraudulent charges, and expenses related to the data breach, as well as lost time. A requirement for these claims is losses incurred that can be directly traced to the data breach. The period in question is 23 May 2024 to 29 May 2025. Claimants may also qualify for lost time of up to four hours, calculated at a rate of $25 per hour.
Another alternative is a $75 cash payment for lost time. Claimants will also be eligible for three years of identity theft protection and credit monitoring. The deadline for claims submission is 29 May 2025, the same as the deadline for objections and exclusion.
The final approval hearing date has been set for 21 August 2025. Documentary proof such as credit reports, financial forms, credit card and bank statements, as well as tax documents, can be submitted. Individuals who wish to enquire whether or not they will be able to claim can contact the settlement website or contact the Claims Administrator directly. For more information about this settlement over a serious data breach, you can visit Top Class Actions and get informed about how to file a claim.
