The settlement related to the Cencora data security incident involves a $40 million fund set aside for affected individuals. If a person's personal information was exposed or if they received a notice about the incident, they could be eligible to submit a claim. There are two ways to get money from the settlement:
- Documented Loss Payment: This reimburses money spent or unreimbursed expenses related to the incident, up to $5,000 per claimant, with an aggregate cap of $5 million for all such claims. Claimants need to provide proof of losses.
- Cash Fund Payment: This is a cash payment without needing proof of losses. The amount depends on how many valid claims are submitted and how much of the settlement fund remains after paying documented loss claims and other expenses.
Most people affected will likely receive a modest cash payout, estimated around $15 or so, because the $40 million fund is divided among over 1.4 million affected individuals. To get any payment, a claim must be filed by January 19, 2026. In summary, the exact amount an individual will receive depends on the nature and documentation of their losses or, if opting for the cash payment, how many others submit claims. The payout is not automatic and requires a claim submission.
