2022 Data Breach at RINA Accountants & Advisors Results in $400,000 Settlement

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A significant data breach that compromised sensitive information at RINA Accountants & Advisors during 2022 has finally reached resolution through a $400,000 settlement agreement. The breach exposed personal details including Social Security Numbers from numerous individuals associated with the firm.

Under the settlement terms, affected parties are eligible to recover up to $10,000 for documented financial losses they sustained as a result of the 2022 incident. Beyond financial compensation, victims receive a comprehensive three-year security package featuring credit monitoring and identity theft protection services, backed by $1 million in insurance coverage to provide additional safeguards.

The resolution follows a structured legal timeline: claimants had until March 24 to submit their claims and formal objections, with the court’s final approval scheduled for May 14. This settlement represents a resolution for those impacted by the 2022 security incident and underscores the importance of robust data protection measures in professional service firms.

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