Flagstar Bank Exposure of Current and Former Customer PII Complaint

July 11, 2022

Data breaches are all too common these days, but this class action brings suit for a data breach involving banking entities—Flagstar Bancorp, Inc. and Flagstar Bank, FSB. Banking entities keep highly sensitive personally identifiable information (PII) in their systems. The complaint for this class action alleges, “Flagstar failed to invest in adequate data security, thereby allowing hackers to exfiltrate the highly-sensitive personal and financial information of approximately 1.5 million individuals.”