UMVA has learned that users of a popular password manager may be on the brink of receiving substantial cash payouts after a massive security breach.
In 2022, the service suffered two devastating cyber‑attacks that exposed both encrypted and unencrypted vault data—usernames, passwords, secure notes, form‑filled details, and even website URLs. Researchers later uncovered that hackers cracked some master passwords and siphoned millions in cryptocurrency.
Following a wave of lawsuits, the company settled for $8.2 million, and now eligible account holders are being offered compensation ranging from modest upgrades to five‑figure payments.
If you reside in the United States and had an active account during the breach, you likely belong to the settlement class. Most affected users received an email about the incident or a formal notice of the settlement.
Premium, family, or business subscribers can claim a $25 cash payment, while free‑tier users receive a six‑month premium upgrade. California residents get an extra $100 regardless of account type.
Beyond the base payout, documented victims may qualify for up to $300 in credit monitoring, identity protection, dark‑web surveillance, and health‑related services, plus as much as $10 000 to cover identity‑theft and fraud expenses.
Cryptocurrency losses are also addressed, with reimbursements up to $90 000 per claimant. Additionally, the company is automatically adding dark‑web monitoring for any affected user who still maintains an active account.
To claim any portion of the settlement, eligible users must submit a claim by 11:59 p.m. ET on July 2, 2026, through the online settlement portal, providing the unique ID and PIN from their notice and confirming account details.
Claimants seeking additional benefits must also upload supporting documents—receipts, invoices, bank statements, or communication records—to verify their losses.
If you believe you belong to the class but never received a notice, you can contact the settlement administrator at the provided phone number for assistance.
Final approval of the settlement is slated for July 14, 2026, with processing and payment to follow shortly after.
