Flagstar customers could see payouts up to $25K in class action settlement

Flagstar Bank, a major regional bank with services like banking, mortgage, and wealth management, has agreed to settle a lawsuit after a January 2021 cyberattack. Cyber criminals were able to access sensitive information from just over 1.4 million Flagstar users.
Reported by 1 outlet — New York Post. See all sources ↓
Flagstar Bank, a major regional bank with services like banking, mortgage, and wealth management, has agreed to settle a lawsuit after a January 2021 cyberattack. Cyber criminals were able to access sensitive information from just over 1.4 million Flagstar users. Then in December of that same year, the New York bank fell victim to another cyberattack impacting over 1.5 million users. Victims quickly filed a suit that claimed Flagstar did not adequately protect their personal information and delayed in giving them notice.
Read the full report at New York Post ↗
Why it matters
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- What's the story?
- Flagstar Bank, a major regional bank with services like banking, mortgage, and wealth management, has agreed to settle a lawsuit after a January 2021 cyberattack. Cyber criminals were able to access sensitive information from just over 1.4 million Flagstar users.
- How widely is it covered?
- 1 outlet, average source rating 5.0/10.
- When was it last updated?
- 4m ago.
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Flagstar customers could see payouts up to $25K in class action settlement
Sources1TypeCoverageNew York Post