Flagstar Bank 2021 Data Breach Complaint

November 7, 2022

This class action alleges that Flagstar Bank, FSB failed to protect the personally identifying information (PII) it held in its systems, resulting in a cyberattack in December 2021. Flagstar is a major mortgage originator, based in Michigan, and also services mortgage loans. The complaint quotes Flagstar as saying that it “believe[s] that banking with us will always be private, personal, and secure.” The complaint then comments, “This isn’t the case.”