Data Breach Attorneys

Data breaches have become increasingly common over the past several years. In addition to consumers, these breaches can put a considerable burden on banks and credit card companies, which must respond to a flood of fraud claims and canceled cards. However, many data breach victims receive compensation for damages through multimillion-dollar settlements. 

Major Data Breach Settlements 

In June 2017, America’s largest insurance company, Anthem Inc., agreed to a $115 million settlement after a breach compromised 80 million customers’ private data. This is the largest data breach settlement in history. 

The previous year, in March 2016, Home Depot agreed to pay $19.5 million to consumers affected by its 2014 data breach ($13 million to reimburse shoppers for losses and $6.5 million toward identity protection services). A year later, Home Depot agreed to pay $25 million to several dozen banks and credit card companies, bringing its total breach-related expenses to $179 million.

This is just one of many multimillion-dollar data breach settlements. Sony paid $15 million to settle a suit—and $8 million to settle another. Additionally, Target paid $10 million to settle one of their own.

Determining If You Have a Claim

Only a licensed attorney can truly determine if you are eligible for a data breach lawsuit. The attorney will do the following: 

  • Determine if the company failed to adopt the appropriate safeguards that would have prevented the breach from occurring.
  • Determine if the company notified customers as soon as possible after it learned of the breach. 
  • Obtain a complete list of all individuals involved. 
  • Review the company’s policies and customer agreements to determine if the company violated any of them. 

The attorney will also determine if any state laws have been violated in the process. If you meet the eligibility requirements, you could receive compensation for damages suffered from the breach. 

Data Breach Class Action Attorneys

Maginnis Howard’s data breach class action attorneys can help determine the damages that you incurred from the breach, and help you seek reimbursement for your losses. These may include:

  • The cost of replacing credit/debt cards and obtaining credit reports and credit insurance. 
  • Service fees charged by companies that will help secure personal information and monitor your accounts for fraudulent activity. 
  • Any out of pocket expenses that you incur as a result of the breach. 

If your personal information has been breached and your identity has been compromised, Maginnis Howard’s data breach class action attorneys would like to speak with you. You can reach our attorneys by phone at 919.526.0450 or by email at info@maginnishoward.com.