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SN Servicing settles data breach litigation

Posted on September 12, 2022 by Dissent

Top Class Actions reports:

SN Servicing Corp. agreed to pay $900,000 to resolve claims that its lack of cybersecurity measures resulted in a October 2020 data breach.

The settlement benefits individuals whose personal information was accessed by unknown third parties during SN Servicing’s October 2020 data breach.

In July 2021, SN Servicing announced it had been the victim of a data breach in October 2020.

Read more at Top Class Actions.

This appears to be yet another settlement in a case where no plaintiff alleged concrete injury but those affected sued on the basis of risk of financial harm.

Category: Financial SectorHackU.S.

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