Cadence Bank agreed to a $5.2 million settlement after a data breach linked to MOVEit software. Some affected customers may receive payments depending on their situation.
Key takeaways
Quick scan — what you need to know:
- Cadence Bank agreed to a $5.2 million settlement after a data breach linked to MOVEit software.
- Some affected customers may receive payments depending on their situation.
- People who got notices can file claims before the deadline.
- Compensation may include cash, reimbursement for losses, and free credit monitoring.
Background
What led here, in plain terms:
- The case is part of a class action related to personal data exposure.
- Cadence Bank agreed to a $5.2 million settlement after a data breach linked to MOVEit software.
- Some affected customers may receive payments depending on their situation.
- People who got notices can file claims before the deadline.
Why it matters
Why readers and decision-makers should care:
- Some affected customers may receive payments depending on their situation.
- People who got notices can file claims before the deadline.
- Compensation may include cash, reimbursement for losses, and free credit monitoring.