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Flagstar Agrees to $31.5 Million Deal in Accellion-Breach Suit

Flagstar Agrees to .5 Million Deal in Accellion-Breach Suit

Christopher Brown reports: Flagstar Bank NA agreed to pay $31.5 million to settle allegations it failed to protect the personal information of nearly 2.2 million people in data breaches linked to Accellion Inc.’s file-transfer software. Class members would be eligible for up to $25,000 in documented monetary losses, three years of credit monitoring services, and…

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Source: databreaches.net –

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