Seagate Gets Initial OK For 5.7 Million Employee W-2-Phishing Settlement



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A California federal judge gave his initial blessing Thursday to Seagate Technology LLC’s settlement that includes services valued at 5.75 million dollars and resolves class-action litigation over a 2016 phishing incident that allegedly affected about 12,000 employees and their close relatives.

U.S. District Judge Richard Seeborg granted preliminary approval to the deal, which will see every current and former employee of the data-storage company whose W-2 tax forms were stolen by hackers, as well as the family members listed on those filings, get two years of Experian identity theft protection.

The W-2 forms were stolen through CEO Fraud where the bad guys simply spoofed the email address of the CEO and *asked* for the W-2's to be sent. More at Law360, but there is a paywall: https://www.law360.com/tax/articles/976597

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Topics: Phishing



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