"Flagstar Bank NA agreed to pay $31.5 million to settle allegations it failed to protect the personal information of nearly 2.2 million people in data breaches linked to Accellion Inc.' s file-transfer software."
"Class members would be eligible for up to $25,000 in documented monetary losses, three years of credit monitoring services, and a pro rata share of the net settlement fund, according to the plaintiffs' motion for preliminary settlement approval filed Wednesday in the US District Court for the Eastern District of Michigan."
Flagstar Bank NA agreed to a $31.5 million settlement over allegations that it failed to protect personal information exposed in data breaches tied to Accellion Inc.'s file-transfer software. Nearly 2.2 million individuals were affected by the breaches linked to the software. Class members may claim up to $25,000 in documented monetary losses, receive three years of credit monitoring services, and obtain a pro rata share of the net settlement fund. Plaintiffs filed a motion for preliminary settlement approval in the U.S. District Court for the Eastern District of Michigan.
Read at DataBreaches.Net
Unable to calculate read time
Collection
[
|
...
]