With credit score company LOQBOX hacked, and personal information for victims exposed, what happens now and what can victims of the data breach do?
Firstly, it’s important to take steps to protect yourself if you’ve received confirmation that you’re affected by the data breach. You should contact your bank and follow their directions when it comes to securing your account and any compromised payment card data. In terms of login credentials, you should change these and change any you may have also used on other platforms. People need to be vigilant.
Finally, know your rights. As a leading firm of data breach compensation lawyers, you may be able to sign-up to make a claim for compensation with us. We’ve already been contacted by victims and taken cases forward and we’ve launched our legal action, and we may be able to help you too.
LOQBOX hacked: victims’ right
Victims of the LOQBOX cyberattack can be entitled to make a claim for data breach compensation with us on a No Win, No Fee basis.
If you’ve been informed that your data has been exposed in the attack that took place on 20th February 2020, you should be able to sign-up for a legal case with us. Although the Information Commissioner’s Office (ICO) may be able to issue a fine for breaches of the GDPR, this money isn’t designed to be used for compensation. To be able to claim and receive the justice that you deserve as a victim, you can instruct us to represent you for a case.
You could be entitled to compensation for:
- The distress caused by the loss of control of your personal information;
- Losses and expenses, which can include money stolen as a result of fraud that arises from the data breach;
- The fact you were a victim of the breach – even if you suffered no loss or distress – as a result of a recent court ruling.
Data breach compensation amounts are generally based on the severity and extent of the impact to the victim.
With LOQBOX hacked more than a week before victims were informed that their personal data had been exposed, the risks could be significant.
Any delay in victims being informed that their personal information has been compromised can lead to a higher chance of people falling victim to scams and fraud. It may be that criminals have already tried to steal money or have already contacted victims, posing as legitimate organisations, to try and dupe them into handing over more data or funds.
Victims of the LOQBOX data breach should be wary of emails and telephone calls from potential scammers. If you’re ever in doubt when it comes to the legitimacy of someone contacting you, don’t reply or end a telephone conversation. If it’s a legitimate company, they should fully understand you doing this.
How we help you
There have been so many data breaches that have taken place in 2020 already. With LOQBOX hacked, MGM breached, and Travelex being held to ransom – all in the space of a few months – the trend of increasing cyberattacks continues to grow.
Victims of data breaches do not have to suffer in silence. Thousands of people have come to us for our expert representation, and we understand the impact that a data breach can have. With dozens of data group and multi-party actions we’re working on, including serious ones like the 56 Dean Street Clinic leak, we’ve witnessed how bad the impact can be.
Data breach compensation is still an emerging area of law that has only been around in the last few years or so. The Data Protection Act only came into being 22 years ago in 1998, but only recently have we seen the increased reliance on information technology result in an epidemic of cyberattacks.
Since data breach compensation emerged as a mainstream avenue for justice, we’ve been there helping victims. From the first action that we launched way back in 2015, to being appointed to the first GDPR Group Litigation Order (GLO) action in England and Wales – the BA Group Action – we remain at the forefront of this complex and niche area of law.
If you’ve been affected by the LOQBOX data breach, you can contact our team for free, no-obligation advice about your options for justice.
We’re here to help.
IMPORTANT: advice on this page is intended to be up-to-date for the 'first published date'.
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First published by Author on March 04, 2020
Posted in the following categories: Claims Cybersecurity GDPR Group Action Hacking News Latest Scammers Security and tagged with compensation | cyber attack | cyber crime | cybersecurity | data breach | database security | gdpr | Group Action | personal data