Business · World

Bank Settles for $2.38 Million Over Customer Data Breach

1 sourceFirst reported 27 days agoUpdated 27 days ago

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Union Bank and Trust agrees to a $2.38 million settlement.
The case involves a significant data breach impacting 200,000 customers.
A critical vulnerability in third-party software allowed hackers access to sensitive information.
The bank denies any wrongdoing but aims to avoid lengthy litigation.
Affected customers can claim various types of compensation for their losses.

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AI summary: catch up in 20 seconds

Union Bank and Trust agrees to a $2.38 million settlement.
The case involves a significant data breach impacting 200,000 customers.
A critical vulnerability in third-party software allowed hackers access to sensitive information.
The bank denies any wrongdoing but aims to avoid lengthy litigation.
Affected customers can claim various types of compensation for their losses.

Generated by AI from the 1 sources below · always verify with the originals