The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

$2,300,000 Payout Incoming After Settlement Reached Over Massive US Data Breach Impacting 71,000+ Victims

by Daily Hodl Staff
June 21, 2025
in Scams, Hacks & Breaches

The victims of a massive US data breach are set to receive their share of a multi-million-dollar settlement.

A court has issued the preliminary approval of a deal that awards a total of $2.3 million to the more than 71,000 victims impacted by a cybersecurity attack at Sysco, a major food distribution company.

The funds are for “all individuals who reside in the United States to whom Sysco sent notice of the cybersecurity event in or around May 2023.”

The data breach compromised personal information, including names, Social Security numbers, account numbers and other personal information that Sysco had for payroll purposes, such as phone numbers, addresses and email addresses.

Under the terms of the deal, the victims are entitled to up to $5,000 in documented losses due to the data breach, including costs to combat identity theft or as a result of identity theft, as well as an additional payment estimated to be between $100 and $200 but up to $599.

The lawsuit, filed by Sysco truck driver Joseph Trottier, accuses the company of failing “to take and implement adequate and reasonable measures to ensure that the PII (personally identifiable information) of Plaintiff and Class Members was safeguarded, failing to take available steps to prevent an unauthorized disclosure of data, and failing to follow applicable, required and appropriate protocols, policies and procedures regarding the encryption of data, even for internal use.”

The lawsuit says the stolen personal info “can be sold on the Dark Web.”

“Hackers can access and then offer for sale the unencrypted, un-redacted PII to criminals. Plaintiff and Class Members now face a lifetime risk of (i) identity theft, which is heightened here by the loss of Social Security numbers, and (ii) the sharing and detrimental use of their sensitive information.”

In a notice sent to the victims, Sysco had said that it learned in March 2023 that a “threat actor gained access to our systems without authorization and claimed to have acquired certain data.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails
    December 5, 2025
  • LayerBank Secures $2.3M in Pre-Seed Funding Ahead of ULAB Token Launch on Movement Network
    December 5, 2025
  • iAero Protocol Launches Token Sweeper, Distributes 5% of LIQ Supply to Stakers
    December 4, 2025
  • TrueNorth Raises $3M to Build Domain-Specific AI for Finance
    December 4, 2025
  • Uphold Files Application to Offer Tokenized Securities and Partners with tZERO on Infrastructure Services
    December 4, 2025
  • COINPAYMENTS becomes Global Partner of Aston Martin Aramco Formula One Team
    December 4, 2025
  • I-ON Digital Corp. Deploys $200M in AUM Backed by In Situ Gold as Treasury Expands Its RWA Strategies
    December 4, 2025
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • $25,000 Drained From Woman’s Wells Fargo Bank Account After AT&T Breach: Report
    November 29, 2025
  • Chainlink’s Sergey Nazarov Says Two Forces Fueling TradFi Adoption of Blockchain and Crypto
    November 29, 2025
  • Bank Executive Allegedly Steals $411,000, Splurges on Travel, Shopping Sprees and Home Renovations
    November 29, 2025
  • JPMorgan Chase, Citi and Morgan Stanley Customers Impacted As Massive Third-Party Data Breach Hits Banks: Report
    November 29, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl