Finastra Technology $3.13 Million Data Breach Settlement, Check If You Qualify — Tina Parsley Hughes, et al. v. Finastra Technology, Inc., No. CACE26013154

There’s $3,125,000 set aside for people whose data was stolen in a 2024 attack on financial software giant Finastra — if you file a claim by November 27, 2026. Finastra agreed to pay out after hackers pulled names, Social Security numbers, dates of birth, and financial account numbers off one of its file transfer systems. You don’t need proof of loss to get paid.

Finastra Technology Data Breach Settlement — Key Facts

Settlement Amount	$3,125,000.00
Claim Deadline	November 27, 2026
Who Qualifies	All living individuals residing in the U.S. who were sent notice by Finastra that their Private Information may have been impacted in the October 2024 Data Incident
Estimated Payout	Up to $2,500 with documented losses, or a pro rata cash payment with no proof required (exact amount not yet set, per the settlement website)
Proof Required (Yes/No)	No — only required for the higher, documented-loss payment
Settlement Status	Preliminarily approved; claims open, awaiting Final Approval Hearing
Court & Case Number	Circuit Court for Broward County, Florida — Case No. CACE26013154
Law Alleged	UNVERIFIED — the settlement website and FAQ describe the claim only as failure to adequately protect personal information; specific causes of action from the complaint aren’t listed there
Administrator	Simpluris
Official Claim Site	FinastraDataSettlement.com
Last Updated	September 23, 2026

Who Is Finastra and Why Is It Being Sued for This Data Breach?

Finastra Technology is a London-based financial software giant that runs banking, lending, payment, and treasury systems for more than 8,100 financial institutions in 130 countries — including 45 of the world’s 50 biggest banks. That scale is exactly what made it a target: a hacker who breached Finastra’s file transfer platform wasn’t after one company’s data, they were after a pipeline connecting to thousands of banks at once. Finastra denies wrongdoing, but agreed to settle rather than keep litigating.

What Did Finastra Do to Affected Individuals Between October 2024 and Today?

Between October 31 and November 8, 2024, an unauthorized third party repeatedly accessed Finastra’s Secure File Transfer Platform (SFTP) — the system the company uses to support customers and clients — and pulled files off it. Finastra spotted the intrusion on November 7, 2024, brought in outside cybersecurity firms, and notified law enforcement, but by then a cybercriminal going by “abyss0” was already advertising roughly 400 gigabytes of stolen data for sale on a hacking forum.

The files taken included names, dates of birth, Social Security numbers, and financial account numbers. Finastra didn’t start mailing notification letters until February 12, 2025 — more than three months after the breach was discovered — when it also disclosed the incident to state regulators, including Massachusetts.

That gap between discovery and notification matters. Every week those files sat exposed before anyone got a warning letter was a week affected people couldn’t watch for fraud they didn’t know to look for.

Who Qualifies for the Finastra Technology Data Breach Settlement?

Here’s exactly how to know if this case includes you.

You qualify if:

• You received a notice from Finastra stating your Private Information may have been compromised in the October 2024 Data Incident
• Your information was among the files a hacker pulled from Finastra’s SFTP platform between October 31 and November 8, 2024
• You’re a U.S. resident, regardless of which bank or financial institution you did business with through Finastra’s systems

You do not qualify if:

• You never received a notice from Finastra about this specific incident
• You’re a director, officer, or agent of Finastra or an affiliated company

Finastra Data Breach — Affected Individuals Outside Florida: Are You Still Covered?

Yes. This is a nationwide settlement class. It covers “all living individuals residing in the United States” who got a notice — it doesn’t matter which state you live in or which bank routed your information through Finastra’s systems.

Not sure if you qualify for the Finastra Technology data breach settlement? A free consultation with a data privacy attorney can help you sort that out before the November 27 deadline.

How Much Can Finastra Data Breach Settlement Class Members Get? Up to $2,500 Per Person

The $3,125,000 fund first covers court-approved attorneys’ fees, service awards, and administration costs. What’s left funds the benefits below.

Finastra Payout With Proof — Up to $2,500

If you have documentation — bank statements, receipts, records of credit-monitoring fees, ID-replacement costs, postage for contacting banks — tying an actual out-of-pocket loss to this breach, you can claim reimbursement up to $2,500. The loss has to have happened between October 31, 2024, and November 27, 2026. Personal notes can support other proof, but they don’t count as proof on their own, and you can’t claim losses another source already reimbursed.

Finastra Payout Without Proof — Pro Rata Cash Payment

If you don’t have documented losses, you can still claim a share of whatever’s left in the fund after every other benefit and cost is paid. There’s no fixed dollar figure yet — the settlement administrator will post an estimate once claims close.

What Pro-Rata Means for Your Finastra Check

More people claiming the no-proof option means a smaller slice for everyone; fewer claimants means a bigger one, since it’s split evenly among whoever picks that option. Every Class Member, no matter which cash option they choose, can also claim one year of CyEx Financial Shield Complete — a monitoring service that comes bundled with $1 million in financial fraud insurance.

Payments go out after the court grants final approval on December 14, 2026, and after any appeals resolve — there’s no fixed payment date yet. Payments over $600 may appear on a 1099. Check with a tax professional.

That money is yours if you file. If you don’t, it stays in the fund and gets split among the people who did.

Finastra isn’t the only financial-sector name that’s had to answer for a breach involving account and identity data — the Fidelity Investments $2.5 million data breach settlement followed a strikingly similar path, right down to the flat no-proof payment paired with a documented-loss tier.

How to File Your Finastra Technology Data Breach Settlement Claim — Step by Step

1. Go to FinastraDataSettlement.com and use the online claim form, or download a paper form to mail in.
2. Enter your name, contact information, and any details from your notification letter.
3. Choose the documented-loss payment (up to $2,500) or the pro rata cash payment (no proof needed).
4. If claiming documented losses, upload your bank statements, receipts, or other records tying the expense to this breach.
5. Add a claim for one year of CyEx Financial Shield Complete credit and fraud monitoring — available either way.
6. Submit and save your confirmation. Mailed claims must be postmarked by November 27, 2026.

Takes about 10 minutes online.

Should Finastra Class Members Opt Out or Object Before November 13, 2026?

What Opting Out of the Finastra Settlement Actually Means

Opting out means no payment and no monitoring, but you keep the right to sue Finastra on your own. Most people shouldn’t opt out without talking to a lawyer first. The deadline is November 13, 2026, and your request must be mailed, signed, and include the words “Request for Exclusion.”

How to Object to the Finastra Settlement

Objecting keeps you in the class while telling the court you disagree with part of the deal — the payout amounts or the $1,182,000 attorneys’ fee request, for example. Objections go to the Clerk of the Court at 201 SE 6th Street, Fort Lauderdale, FL 33301, plus Class Counsel and Finastra’s counsel, following the exact format the FAQ lays out — including a required statement on whether AI was used to prepare the objection — postmarked by November 13, 2026.

Talk to a class action lawsuit attorney before November 13 if you’re considering either option.

Finastra Technology Data Breach Settlement — Key Dates, 2026

Milestone	Date
Data Incident Occurred	October 31 – November 8, 2024
Notification Letters Sent	February 12, 2025
Notification Email (settlement)	September 18, 2026
Claim Filing Deadline	November 27, 2026
Opt-Out Deadline	November 13, 2026
Objection Deadline	November 13, 2026
Final Approval Hearing	December 14, 2026, 10:00 a.m. ET
Expected Payment Date	UNVERIFIED — begins after final approval and any appeals resolve; no fixed date given

Finastra Technology Data Breach — Frequently Asked Questions, No. CACE26013154

Do I need a lawyer to file a Finastra data breach settlement claim?

 No. Filing online at FinastraDataSettlement.com takes a few minutes. If you’re weighing whether to opt out and pursue your own claim, that’s when a consumer fraud attorney is worth calling.

Is the Finastra Technology data breach settlement legitimate?

 Yes. It’s a $3,125,000 settlement in Tina Parsley Hughes, et al. v. Finastra Technology, Inc., Case No. CACE26013154, pending in the Circuit Court for Broward County, Florida, and administered by Simpluris — not a scam site.

When will Finastra settlement payments be sent?

 Not until after the Final Approval Hearing on December 14, 2026, and only once any appeals are resolved. No specific payment date has been set.

What if I missed the Finastra claim deadline? 

Claims must be submitted online or postmarked by November 27, 2026. Missing it generally means forfeiting payment, though you’d still be bound by the settlement unless you’d separately opted out earlier.

Will my Finastra settlement payment go on a 1099?

 Possibly, if your payment exceeds $600. Check with a tax professional about how to report it.

What specific data was exposed in the Finastra breach?

 Names, dates of birth, Social Security numbers, and financial account numbers, taken from files on Finastra’s Secure File Transfer Platform between October 31 and November 8, 2024.

How much could Finastra class members get if they don’t have documented losses? 

The pro rata cash payment doesn’t have a set amount yet. It depends on how much money is left in the $3,125,000 fund after fees, costs, and documented-loss claims are paid, split evenly among everyone who picks that option.

Sources Used in This Finastra Article

• Official Settlement Website — FinastraDataSettlement.com, administered by Simpluris: https://finastradatasettlement.com/
• Settlement FAQ page (benefits, deadlines, attorneys’ fees, Class Counsel): https://finastradatasettlement.com/faq/
• Important Documents page (Long Form Notice, Settlement Agreement): https://finastradatasettlement.com/documents/
• Important Dates page: https://finastradatasettlement.com/dates/
• “Fintech Giant Finastra Investigating Data Breach,” Krebs on Security: https://krebsonsecurity.com/2024/11/fintech-giant-finastra-investigating-data-breach/
• “Finastra Starts Notifying People Impacted by Recent Data Breach,” SecurityWeek: https://www.securityweek.com/finastra-starts-notifying-people-impacted-by-recent-data-breach/

Researched and written by Israr Ahmad, legal content researcher and founder of AllAboutLawyer.com. All facts verified against the official Settlement Website, its FAQ page, and independent cybersecurity news coverage of the underlying breach as of September 23, 2026. Last Updated: September 23, 2026.

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Laws vary by state and individual circumstances differ. For advice about your specific situation, consult a qualified attorney.