Rite Aid customers who suffered a devastating data breach at the hands of hackers are on the cusp of receiving a major payout. A total of 2.2 million Rite Aid customers will be sharing in a multi-million dollar settlement, with each individual potentially walking away with up to $10,000 for documented losses.

The massive data breach was triggered by hackers from the notorious RansomHub group, who managed to impersonate a Rite Aid employee and gain access to the company's systems. The attack exposed a trove of personal information, including names, addresses, birth dates, and IDs tied to purchases made between June 2017 and July 2018.

The breach was a major blow to Rite Aid, which had recently exited bankruptcy in September 2024. However, the company has taken steps to boost its digital security and notify affected individuals. While the website is not currently live at the time of publishing, further details are expected to be published on RiteAidDataSettlement.com in the coming weeks.

A federal judge has granted preliminary approval to the settlement, paving the way for customers to claim their share. Those who have suffered documented losses as a result of the breach may be eligible for reimbursement up to $10,000. Rite Aid's commitment to providing its customers with accurate information and support is a welcome move in light of this major data breach.

The incident highlights the ongoing threat of cyber attacks and the importance of robust digital security measures. As technology continues to evolve, it's crucial that companies prioritize their customers' safety and privacy. In this case, Rite Aid's efforts to notify affected individuals and boost its security are a step in the right direction.

As always, investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. 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.