Compensation for compromised financial data

You could be entitled to claim compensation for compromised financial data and we may be able to represent you for a legal case on a No Win, No Fee basis.

Your Lawyers, as Leading Data Leak Lawyers, are used to representing people whose financial information has been misused or exposed. We recognise that the distress that can be caused can be substantial, which is why we work to fight for some form of justice if you have been affected by an incident of this nature.

The law can entitle you to recover compensation for any distress and loss that has been caused, and we can provide free, no-obligation legal assessments here now.

Claiming compensation for compromised financial data

In recent years, studies have suggested that compromised financial data has affected millions of us, with the number of incidents increasing in the last few years. We might have expected increases across the period of the coronavirus pandemic as a result of the swift need to change business operations, but increasing incidents are also a sign of the times as society continues to become more and more digitised.

The important thing to know as a victim is that you could be entitled to claim compensation for compromised financial data. The GDPR not only governs policies, practices and procedures in respect of protecting information, but it also can be used by victims of a data breach to pursue compensation if data is misused or exposed. The GDPR can entitle you to recover compensation for any distress that has been caused by the loss of control of your personal information, and the distress in a case that relates to compromised financial data can be incredibly significant. It can be really worrying to think that information about us that could be used by criminals to commit fraud and theft could now be out of our hands and, at any moment, we could fall victim to serious crimes. This is why the law recognises that you could be entitled to claim compensation for distress, and you do not have to have suffered any actual financial losses to be able to pursue a case.

How we help – No Win, No Fee legal representation

We can represent people for data breach compensation cases on a No Win, No Fee basis. This way of helping people means that we can waive our legal fees if the case does not succeed, subject to the agreed terms and conditions in place.

This way of working can allow access to justice for you, and can mean that people can safely pursue compensation to stop people from being unable to afford to pursue a claim. It would not be fair if you had to pay for a losing case, and most people would not be able to afford to claim this way, and most people would likely not bother pursuing a compensation case. You can read more about how our No Win, No Fee legal representation works here.

We also provide free, no-obligation claims assessments – you can speak to our team here now for advice on whether we can help you today.

Major example: BA data breach claim

A major example of a data breach that involved financial information was that of the 2018 British Airways cyberattacks that affected almost half a million people. The way the hack worked was that malicious software had been used to scrape information that was being processed through BA’s websites and apps, meaning payment information was affected.

We represent thousands of people who are claiming compensation in the BA data breach group action and you may still be in time to join the action if you are affected by this incident by starting your case here.

Hospital patient data breach compensation claims

Unlawfully Accessing Patient Records: Compensation Claim Advice