Cryptocurrency

Bank Handing $475,000 To Customers and Attorneys After ‘Unauthorized Actor’ Accesses Highly Sensitive Information

By Bullbit Editorial · March 28, 2026

WhatFirst Chatham Bank will pay $475,000 to customers and attorneys after a data breach.
WhyThe bank's highly sensitive customer information was accessed by an unauthorized actor.
SignalThe settlement marks a significant step in resolving the class action lawsuit.
TargetThe compensation is aimed at approximately **3,500** affected customers.
RiskThe breach highlights the importance of robust cybersecurity measures in the banking sector.