A federal judge in Kentucky last week granted preliminary approval to settle a class-action lawsuit related to the Countrywide Financial data breach that exposed the personal data of millions, reports SC Magazine. The settlement would provide victims with free credit monitoring and up to $50,000 remuneration for incidents of identity theft. Two Californians were charged with downloading batches of Countrywide customer data over a period of two years. A final approval hearing on the settlement is pending.
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