Reading:
Banking data breach compensation advice
Share:
check online banking accounts

Data Leak Lawyers - Begin Your Data Breach Claim Today!

Sign-up to a data breach claim today - use our quick and easy form to begin your claim for thousands of pounds in compensation.

Start Your Claim
Your privacy is extremely important to us. Information on how we handle your data is in our Privacy Policy

solicitors regulation authority

Banking data breach compensation advice

We may be able to offer you a No Win, No Fee arrangement for a banking data breach compensation claim.

The risks of falling victim to a banking data breach are obvious. With so much ease of access to our finances, it can be simple for hackers and criminals to exploit the ease of access to steal money directly from accounts.

Although you have a duty to ensure that you’re vigilant to avoid giving information to hackers, there are ways criminal can get hold of information and use it against you. If your information has been leaked, breached or hacked, you may be eligible to make a claim for data breach compensation if a bank is responsible.

When can you make a banking data breach compensation claim?

You may be able to make a banking data breach compensation claim if a bank is responsible for an incident. You may be able to make a legal case for the distress of personal information being exposed, and for any financial losses incurred.

It’s important for you to know that you don’t have to have suffered a financial loss to be able to claim. The distress alone for the exposure and loss of control of information can be enough for a claim. Data breach compensation amounts reflect the severity of the distress that can be caused.

Ultimately, if a bank was responsible for the breach, you may be able to make a claim.

Case examples

We represent a number of people who are claiming compensation as a victim of a banking data breach. Although we can’t go into the details of individual cases, we can tell you about some examples of scenarios where we may be able to help you.

These can include:

  • Data leaked by your bank to someone else (perhaps an accidental email or sending information to a wrong / old address);
  • Information revealed to someone who knows you by the bank;
  • Employees of a bank snooping on your information (usually it’s someone who knows you);
  • Bank servers being hacked (the big Tesco bank data breach is one example of this).

There are other ways that a bank account could be compromised where the bank isn’t at fault, but someone else is. Debit and credit card skimming can lead to your account being compromised, and the source of the skimming (perhaps a shop or a hotel) can be held responsible.

SIM swap scams are also a problem at the moment. If your network provider fails to adhere to data protection rules and allows a criminal to takeover your SIM, the fraudster can then use your bank’s text security / recovery processes to get into your account.

Want to know more? Free, no-obligation advice

We’re happy to offer you free, no-obligation advice if you’ve been the victim of a banking data breach.

We may be able to offer you No Win, No Fee representation.

Our office is usually open seven days a week and until 10pm on most weeknights.

The content of this post/page was considered accurate at the time of the original posting and/or at the time of any posted revision. The content of this page may, therefore, be out of date. The information contained within this page does not constitute legal advice. Any reliance you place on the information contained within this page is done so at your own risk.

We offer genuine No Win, No Fee agreements for our clients. Why we do this is simple:

Leading Data Breach Lawyers
Our experience speaks for itself.
We will fight for your right to compensation.
Access to Justice
As a victim of a data breach or hack, you deserve your chance to get access to justice.
Risks Assessment
We carefully risk assess your case and take it on if we think we have a good chance of winning the claim.

Request A Callback From Our Team

Fill out our quick call back form below and we'll contact you when you're ready to talk to us.

Your privacy is extremely important to us. Information on how we handle your data is in our Privacy Policy
SRA
Contact
www.dataleaklawyers.co.uk is © of Your Lawyers Limited - we are 'Authorised and Regulated by the Solicitors Regulation Authority (SRA number 508768)'
arrow-up icon