The Lyon Firm is investigating the LendUS data breach on behalf of victims in California and nationwide. Our data privacy attorneys are actively involved in a wide variety of data theft cases, and offer free and confidential consultations. Contact us to seek justice and compensation.
In a recent announcement, the mortgage lending company, LendUS, stated that it has experienced a security breach that has impacted the personal information of at least 12,000 individuals.
In data breach notification letters sent out to those possibly affected, LendUS says the company’s employee email accounts had been compromised by an unauthorized individual. A data breach investigation determined that the names and Social Security numbers of thousands of customers were possibly leaked from company emails and attachments.
A data breach typically occurs in malware, phishing attacks or ransomware attacks when a hacker or cybercriminal gains access to sensitive personal information that has been collected and stored on a company’s servers. Hackers often target organizations with weak or outdated security practices.
Once the information is obtained, it can be sold to third parties to use in identity theft or other fraudulent data theft schemes. Victims of data breaches are at an increased risk of identity theft and financial losses.
If you have received a letter from LendUS about the recent data breach, contact a class action privacy attorney. If you applied for a loan through LendUS, you probably provided the company with critical personal information that may have been leaked.
Data Theft Lawyers believe companies who collect and store personal data have an ethical and legal duty to protect it to prevent data theft. Creating a proper network security system is expensive, however, and many companies attempt to bypass these necessary costs. If a company fails to protect consumers’ sensitive information, and a data breach occurs, the company may be liable through a data breach class action data privacy lawsuit.
The Lyon Firm encourages all potentially affected individuals in the LendUS security breach to act quickly and remain vigilant against potential identity theft and fraud by reviewing account statements and credit reports. Contact a privacy attorney to review your data breach case.
Security and data breaches are an issue plaguing dozens of companies that store customers’ personal information online. Several high-profile security breach incidents have drawn security negligence into question, and attorneys and victims are holding the responsible parties accountable for leaked financial information, credit scores, credit card numbers, bank information and other confidential information.
Security breach settlements have recovered millions of dollars for victims. If you have been a victim of a security breach, contact a data breach lawyer to discuss the possible legal recourse and litigation process.
Joe Lyon is a highly-rated personal data breach lawyer and Privacy Attorney representing plaintiffs nationwide in class action security breach lawsuits.
Regardless of the reason for a security breach—whether a person or group gains access to confidential information for financial or political gain—victims have the right to file a claim against a company for failing to protect their information, and can lead to a class action lawsuit.
Companies must exercise reasonable care in protecting customers’ information, and if they do not, they can be held liable for the damages that result, including identity theft.
Security breach victims and attorneys representing plaintiffs have been able to settle multi-million dollar recoveries. If you or a loved one suffered financial losses from a data breach, contact a data breach lawyer for a free consultation.
An experienced class action attorney can determine if you are eligible to file a data breach lawsuit or join a class of plaintiffs. A lawyer can assist in determining the following:
ABOUT THE LYON FIRM
Joseph Lyon has 17 years of experience representing individuals in complex litigation matters. He has represented individuals in every state against many of the largest companies in the world.
The Firm focuses on single-event civil cases and class actions involving corporate neglect & fraud, toxic exposure, product defects & recalls, medical malpractice, and invasion of privacy.
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The Firm offers contingency fees, advancing all costs of the litigation, and accepting the full financial risk, allowing our clients full access to the legal system while reducing the financial stress while they focus on their healthcare and financial needs.
Without data breach class actions, large corporate defendants would be able to cause small amounts of harm over a large group of individuals without any risk of monetary penalty.
Holding companies accountable for poor cybersecurity and data theft incidents helps ensure that consumers are better protected in the future.
Yes, in most cases. However, each case is different, but some recent lawsuits have proven to be quite valuable. In one data breach suit, Ohio Attorney General and attorneys general in other states obtained a $17.5 million settlement against The Home Depot due to a data breach in 2014. The settlement resolves a multistate data breach which exposed the payment card information of approximately 40 million Home Depot consumers.
The Home Depot data breach made vulnerable the company’s self-checkout point-of-sale system. In addition to the $17.5 million settlement, The Home Depot has agreed to improve network security and maintain data security practices in order to strengthen its data security program and protect the personal information of consumers.
Under current privacy law the firm or organization that is storing user data are responsible for data breaches and will pay any fines or damages that are the result of legal action. The actual data holder—an organization that provides cloud storage—is not usually legally implicated or held responsible in litigation.
The majority of data breach incidents are accidental, and not actually hacking events. Outside threats do pose personal data risks for consumers, though the bigger risk is the internal security and cloud-based data network. Some common ways data can be compromised include:
A Class Action is a lawsuit brought by an individual on behalf of all other similarly situated individuals. Rule 23 of the Federal and State Rules of Civil Procedure allows for Class Action lawsuits to resolve disputes in an efficient format.
Class Actions are typically filed when the amount of money in dispute for a single plaintiff would not justify litigating the case, but where the amount of damages of the entire class of Plaintiffs would justify the cost of litigation. Without class actions, large corporate defendants would be able to cause small amounts of harm over a large group of individuals without any risk of monetary penalty.
In order for a case to be certified as a Class Action, the Court must determine that the case is appropriate for class action treatment under Rule 23. There are different elements depending on whether the case is seeking monetary or injunctive relief. In general, the Court must find the following elements are satisfied:
Following a data breach incident, victims should consider talking to a legal expert, and move quickly to take the following steps to help prevent identity theft and fraud: