The Latest in IT Security

Canada’s Desjardins Settles Data Breach Lawsuit for $155M

20
Jun
2022
Canada’s Desjardins Settles Data Breach Lawsuit for $155M

image credit: adobe stock

Canadian financial services cooperative Desjardins Group has reached an out-of-court settlement with multiple plaintiffs to resolve a data breach class action lawsuit. The breach, which was publicly disclosed in June 2019, involved a “malicious” insider stealing and selling personal details for 4.2 million active customers of the credit union group.

The settlement, submitted to the Superior Court of Quebec on May 24 and approved Tuesday, will provide nearly 201 million Canadian dollars ($155 million) to class members.

Read More

Comments are closed.

Categories

TUESDAY, DECEMBER 06, 2022
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments