Bank of America / EY MOVEit Breach Settlement
- Status
- Open — the administrator is accepting claims
- Payment
- $100–$10,000 (estimated)
- Deadline to file
- Oct 8, 2026
- Approval hearing
- Oct 15, 2026
- Proof
- The administrator lists a filing route that does not ask for proof of loss. It can still ask for details that confirm you are in the covered group.
Who may qualify
You may qualify if you are a living person in the United States whose personal information was in the files affected by the MOVEit incident — in practice, if Ernst & Young sent you a notice. Filing online requires the Claimant ID and PIN printed on that notice, so this is not a settlement anyone can walk up and file. The “no documentation” option waives proof of your losses, not proof that you were notified.
What the settlement pays
You choose one of two options: reimbursement of documented ordinary losses up to $2,500 plus documented extraordinary losses up to $10,000, or a flat alternative cash payment of $100 with no documentation. Either is subject to pro rata increase or decrease depending on how many valid claims come in. Every class member may also claim two years of identity-theft protection.
What happened
Between May 27 and May 31, 2023, attackers exploited a vulnerability in the MOVEit file-transfer software that Ernst & Young used to handle Bank of America customer data, exposing personal information. EY and Bank of America deny wrongdoing but agreed to pay $2,500,000 to settle the claims against them (Morris v. Progress Software Corporation et al., No. 1:24-cv-11807-ADB, D. Mass.). Claims against Progress Software, which licenses MOVEit, are not resolved and that litigation continues.
How to file
You can file with the settlement administrator yourself, and it is free. The official settlement site is here.
Most people who may qualify for one settlement may qualify for others they have never heard of. Cashout checks the open settlements against a few questions, keeps the official filing page and the requirements for each match in one place, and reminds you before a deadline.
Cashout is not a law firm and is not the settlement administrator. Final eligibility and payment amounts are determined by the settlement administrator, not by Cashout. Amounts shown are what the administrator or the settlement documents have published; they are not a promise of payment. Filing directly with the official administrator is always free.
Checking which settlements may apply to you is free. Cashout membership is optional and is a subscription: a 3-day trial for $0 or $1.00 today, then $19.99 every month, renewing automatically until you cancel. Which of these applies to you, and the exact date of the first charge, are shown at checkout before you enter a card. You can cancel anytime from your dashboard.