Traditional Bank Settles $31.5 Million Data Breach Lawsuit

Traditional Bank Settles $31.5 Million Data Breach Lawsuit

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Flagstar Bank, a Michigan-based institution, has agreed to a $31.5 million class action settlement. This settlement addresses data breaches that occurred in 2021, which exposed the personal information of more than 2 million individuals.

A Michigan bank has reached a $31.5 million class action settlement over 2021 data breaches that exposed personal information of more than 2 million people.

The post Flagstar Bank To Hand Out $31,500,000 To Settle Class Action Lawsuit Filed Over Data Breach appeared first on The Daily Hodl.