Three US banks are warning customers that their sensitive personally identifiable information has been exposed. In a filing with the Office of the Vermont Attorney General, Citizens Bank says it suffered a breach in the first half of this year. “On July 10, 2024, Citizens was alerted to an incident where images containing your personal […]
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A North Carolina-based bank is facing a proposed class-action lawsuit over a data breach that has allegedly placed customers at serious risk of fraud and identity theft. The plaintiff of the lawsuit accuses Truist Bank of failing to secure and safeguard its customers’ sensitive information properly, following a security incident that exposed confidential data of […]
The post Billion-Dollar Bank Exposes Customers’ Full Names, Account Numbers, Dates of Birth and More in ‘Foreseeable and Preventable’ Data Breach: Class-Action Allegations appeared first on The Daily Hodl.
The Federal Deposit Insurance Corporation (FDIC) says a former US bank employee has admitted to stealing thousands of dollars from customers’ accounts. The FDIC accuses Derrick Alan Smith of directly or indirectly violating laws and recklessly engaging in unsound and unsafe practices while working as a branch banker at the North Carolina-based lender Truist Bank. […]
The post $24,315 Drained From Customers’ Bank Accounts After Employee at Major US Lender Goes Rogue: FDIC Report appeared first on The Daily Hodl.
A North Carolina couple is suing banking giants Wells Fargo and Truist after thousands of dollars allegedly disappeared without a trace. Court documents show Kevin Kohl and Taylor Goodnough accuse the banks of violating the Electronic Funds Transfer Act and engaging in unfair and deceptive trade practices and breach of contract, reports Triangle Business Journal. […]
The post $10,000 Exits Wells Fargo Account and Allegedly Vanishes, Triggering Lawsuit Against Two US Banks: Report appeared first on The Daily Hodl.
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial institutions may not address the bank’s liquidity issues. First Republic’s shares […]
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S. […]