US Bank Settles $2.4 Million Data Breach Lawsuit Affecting Over 200,000 Customers

US Bank Settles $2.4 Million Data Breach Lawsuit Affecting Over 200,000 Customers

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Union Bank and Trust Company (UBT), a Nebraska-based US bank, has agreed to pay $2.4 million to settle a class-action lawsuit. The lawsuit alleged the bank failed to maintain adequate data security, leading to a breach that exposed the personal information of 204,291 customers. The settlement aims to compensate affected customers and attorneys.

A US bank is preparing to hand out millions of dollars after a data breach exposed customers’ personal information. The Nebraska-based Union Bank and Trust Company (UBT) has agreed to shell out $2.4 million to settle a class action lawsuit accusing the lender of failing to implement or maintain adequate data security measures to protect […]