Welcome To The Data Leak Lawyers Blog

We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.

Category: Financial Data Breaches

data leak and data breach compensation
December 17, 2021

Estate agent cyberattacks – claiming compensation

Holding extensive quantities of information relating to buyers and sellers, estate agents can be prime targets for hackers. The threat of cybercrime appears to have grown in the past year, with attackers taking advantage of the vulnerabilities created by the coronavirus pandemic, and so estate agent cyberattacks may also represent a growing threat.

However, it is important to stress that hackers do not bear sole responsibility for data security incidents. If businesses and organisations fail to implement the necessary cybersecurity measures, they can be to blame for allowing cyberattacks to access their systems. Such may be the case for estate agencies if they fail to implement rigorous data protection methods.

If this happens, you could be eligible to pursue a claim for data breach compensation now.

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phone
October 15, 2021

Investment fraud resulting from data breaches

Every year, thousands of people fall prey to investment fraud, in which criminals lure victims in with the promise of huge returns. While some of these scams can be unsophisticated and easy to detect, others can be highly convincing, making them harder for people to identify.

In order to target victims with investment scams, fraudsters first need to gain access to contact details in order to send out their fraudulent marketing material. In the digital age, in which businesses hold vast quantities of consumers’ personal information, data breaches are increasingly becoming prime sources of personal details for cybercriminals.

If your personal information is exposed in a data breach, and falls into the hands of cybercriminals, you could be put at risk of all kinds of financial crimes. In cases where the data controller failed to do enough to protect your private information, they can be indirectly responsible for the risks you have been exposed to, and they could be liable to pay you compensation as a victim of the data breach. To find out more about a potential data breach claim, contact our specialist team for free, no-obligation advice.

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claims folder
October 05, 2021

Workplace data protection breach – advice for compensation

Victims of a workplace data protection breach could be entitled to bring claims for compensation, and we will look at one such event involving Portland Business and Financial Solutions.

Given that employers and companies involved in employment matters often store and process particularly personal and sensitive data, the impact of a breach, leak or hack can be substantial.

Your Lawyers – as leading Data Leak Lawyers – represent thousands of people for privacy compensation claims. We have done so for over seven years, which is a lot longer than most other firms out there. With over £1m recovered just for mainly individual data victims to date, and over 50 group and multi-party data actions launched, we know what it means to be experts in this niche and complex area of law.

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retail cyber attacks
September 14, 2021

Retail data breaches

Even before the popularity of online shopping, it was possible for customers to fall victim to data misuse, with criminals carrying out hacks of card machines to gain access to payment details. Now, with online shopping on a constant upturn, many of us share our personal information with third-party companies on a regular basis online. If these companies fail to protect our information, we can fall prey to retail data breaches.

In fact, because of the wealth of card data held by retailers, they are a prime target for cybercriminals. Online retailers were arguably put at an increased risk during the past year’s lockdown periods, during which many people turned to online shopping to make their purchases, a fact that fraudsters were all too aware of.

Regardless of the potential increase in cybercrime, the data controllers themselves can bear the responsibility when a data breach does occur. Retailers have a legal obligation to protect personal information, and when they fail in this duty, they could be liable to pay thousands of pounds in compensation when victims make a data breach claim.

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school
September 07, 2021

Cybersecurity in the education sector

The education sector is being increasingly targeted by cyberattacks, with the National Cyber Security Centre (NCSC) issuing a warning regarding the rising incidence of criminal attacks in late March. Primary schools, secondary schools and higher educational institutions all hold a wide variety of private information, some of which can be highly sensitive in nature. Ensuring good cybersecurity in the education sector is, therefore, of paramount importance to ensure the privacy and safety of both staff and students.

While some cyberattacks can be difficult to prevent, it can sometimes be the case that organisations have failed to ensure that their systems are secure enough, allowing hackers a point of easy access. When this occurs, the organisation in question may have breached data protection law.

It is essential that schools and universities do their bit to protect the information that they store and process, or they risk exposing staff and students to data misuse. Anyone who has been put in this vulnerable situation may be eligible to claim compensation for the harm caused, so do not hesitate to contact us if you think that you may have a claim to make.

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check online banking accounts
July 16, 2021

Banks reportedly prevented £45m of fraud in 2020

Recent coverage has revealed that action taken by bank employees and police prevented some £45m of fraud in 2020, saving customers from the loss of an average of almost £6,000 each. The figure is a testament to the success of the Banking Protocol scheme that encourages banks and the police to work together to protect consumers.

However, the huge £45m sum is also a sign of the scale of fraud in the UK. As leading, specialists in data protection law, we believe that the link between data breaches and fraud is a problem that needs to be addressed. When a third-party organisation fails to protect your personal information, it may be leaked into the hands of cybercriminals, who may attempt to steal from you via various kinds of manipulative scams.

We believe that it is essential that all data controllers are held to account when they fail to observe their legal duties. We have helped thousands of consumers to recover the compensation that they deserve, so we encourage any data breach victims to come forward for free, no-obligation advice on their potential claims.

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July 07, 2021

Ticketmaster data group action

In June 2018, Ticketmaster revealed that a security incident had affected its website, causing the personal information of customers to be exposed. Discovered on 23rd June, the information was exposed due to the actions of an external hacker, but questions were raised regarding how far the incident had been caused by Ticketmaster’s own alleged negligence. We began taking on claims soon after the breach was announced, and we are now running our Ticketmaster data group action to ensure that those affected can receive the compensation that they deserve.

The breach has potentially demonstrated how insufficient cybersecurity could be responsible for mass information exposure. Thousands of customers had sensitive payment details exposed as a result of what we understand to be a system vulnerability, so we believe that Ticketmaster must answer for what has happened.

If you have been affected by this data breach, you can contact our team to find out if you have a compensation claim to make.

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July 05, 2021

Confidential information exposed by a data breach

Many of us disclose personal information so often that we don’t even think about it, trusting that the third party that we are handing our information to will protect it securely. Unfortunately, despite the introduction of the GDPR in 2018, many data controllers still break their legal obligations to keep private data safe. The repercussions of a data breach can be serious, with the confidential information exposed becoming subject to misuse.

As specialists in data breach claims, we have seen the consequences that victims can face, which is why we are always determined to hold companies who have exposed data accountable for their actions. We always try to make sure that compensation claims bring no added stress to the victims, so we encourage you to come forward for no-obligation advice if you think you may have a claim to make.

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cyberattack compensation
May 11, 2021

Data for sale online

In today’s digital age, we give out so much of our personal information to third parties, whether it’s an online fashion store or a delivery giant, that many undervalue the risks of data disclosure. While entrusting your data to a third party should not be unsafe in any way, the dangers that can arise if that third party has poor cybersecurity and falls victim to a hack, following which the cybercriminals may put up the data for sale online, can be serious.

Even the smallest amount of information can be a powerful weapon in the arsenal of criminals. They can use this valuable resource for themselves or sell it on for profit, thus exposing the data to wider misuse.

The risks of data sale should never be underestimated, a fact that we are keen to highlight in our work as leading data protection lawyers. We advocate data breach victims who want to stand up for their right to proper data protection, so contact us to find out if you could be eligible for a compensation claim.

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The Financial Conduct Authority data breach
May 10, 2021

The Financial Conduct Authority data breach- one year on

In February last year, the Financial Conduct Authority data breach hit the news after the regulator was forced to admit that it had inadvertently exposed confidential consumer information.

The breach represented a humiliating blunder for the FCA, a government watchdog that regulates the UK financial services sector.

Indeed, as an authority that frequently investigates the security and data handling of other organisations, there was an embarrassing irony to the incident for the FCA. Although the data breach took place a year ago, any affected victims may still be eligible to claim compensation. We are still taking on claims, so contact us for advice about your potential claim.

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