The incident, first made public by the company in April 2025, involved a threat actor who gained unauthorized access to files containing sensitive personal information belonging to client end-users. While the agreement releases Conduent from further liability related to the cybersecurity event, the company continues to deny any wrongdoing or legal fault.
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Conduent Settles 2025 Data Breach Lawsuit for $80 Million
A $80 million settlement fund will resolve a class action lawsuit filed against Conduent following a 2025 data breach. The company disclosed the agreement in a Friday filing with the Securities and Exchange Commission, earmarking the capital to cover legal fees and credit-monitoring services for affected individuals.
Pending final court approval, the resolution is expected to have a negligible effect on the company’s broader financial health, according to management, which confirmed that existing cyber insurance policies will absorb the costs. Investors reacted calmly to the disclosure, with Conduent shares rising 1.4% to $1.41 during after-hours trading.
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