Billion-Dollar Bank Settles Data Breach Lawsuit for $1.5 Million
Billion-Dollar Bank Settles Data Breach Lawsuit for $1.5 Million
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SouthState Bank, a Florida-based institution, has agreed to a $1.5 million settlement to compensate current and former customers impacted by a data breach on February 7th, 2024. The funds will be distributed to victims of the cybersecurity incident.
A billion-dollar bank has agreed to pay $1.5 million to current and former customers affected by a data breach. According to the settlement administrator’s portal, the Florida-based SouthState Bank has agreed to establish a $1.5 million cash fund to reimburse victims of a data breach that occurred on February 7th of 2024. The cybersecurity incident occurred […]