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The Times of India
The Times of India
World
TOI World Desk

Flagstar’s 2021 data breaches affected nearly 2.2 million people; eligible Americans have until August 11 to claim documented losses up to $25,000 from a proposed $31.5 million settlement

Flagstar Flagstar Bank

Millions of Flagstar Bank customers who were affected by two cyberattacks in 2021 could be eligible for compensation under a class action settlement. The American bank has agreed to pay $31.5 million to settle claims linked to the data breaches, although it continues to deny any wrongdoing.

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