While the exact number of cybersecurity incidents is unknown, it is suspected that millions of people have their private information hacked each year. Despite knowing that privacy breaches are on the rise, many financial institutions and other companies fail to take additional security measures. When a company fails to protect customer information it can have dire consequences.
The national cryptocurrency, securities, and class action law firm, Levin Law, P.A. (“Levin Law”) investigates and litigates cybersecurity and data privacy claims. Customers who have been affected by a data breach are strongly encouraged to contact Levin Law founder and managing partner Brian Levin at (305) 402-9050 or via email at firstname.lastname@example.org. All case evaluations are free and confidential.
$35 million recovery for a family office from a brokerage firm that was alleged to have churned the client’s accounts and engaged in other wrongdoing.
$17 million in assets recovered for investor in connection with unsuitably risky derivative investment.
$13.579 million recovery from a brokerage firm that sold fraudulent securities issued by a Ponzi scheme after failing to conduct adequate due diligence of the Ponzi scheme.
Cybersecurity incidents are on the rise across the globe. By some estimates, unauthorized users are able to access a consumer’s personal information every minute. Millions of people are affected by these data breaches each year.
Companies, particularly financial institutions, need to do more to protect customer information. Recent data breaches have allowed hackers to steal millions of dollars in cryptocurrency and other digital assets in a matter of seconds. Without adequate safeguards, nearly everybody is at risk of having their sensitive data stolen.
Unauthorized users have gained access to personal information including names, dates of birth, passwords, and social security numbers. The data can be used to login into financial accounts, open lines of credit, or make unlawful purchases.
Information stolen during data breaches may include:
In some cases, bad actors use the information received in a data breach to gain access to a person’s cell phone through a SIM card hack or other fraudulent schemes.
Customers affected by a data breach often receive notifications directly from the company. If you have been notified that your personal information was leaked or compromised during a security breach, contact Levin Law, P.A. for a free consultation. You may be entitled to join a class action lawsuit or file a claim for reimbursement related to identity theft losses.
Most companies, regardless of their size, are vulnerable to cybersecurity incidents or data breaches. Depending on the type of institution, the security failure can prove catastrophic resulting in millions of dollars in losses to consumers.
Companies that have experienced major data breaches include but are not limited to:
If you have been affected by any of these or other data breaches, contact our office to discuss potential legal remedies.
Were you part of a data or security breach? Contact Levin Law founder and managing partner Brian Levin at (305) 402-9050 or via email at email@example.com. All case evaluations are free and without obligation to retain the firm.
Most cases are accepted on a contingency fee basis, meaning that clients are not required to pay Levin Law’s attorney fees unless money is recovered on their behalf.