Risks of stolen credit and debit card data

The risks of stolen credit and debit card data are particularly important to consider. We may be able to represent you for a claim to recover damages for distress caused by this kind of issue.

Read on for some advice, and make sure to contact us for free, no-obligation legal help about starting a claim for privacy compensation here now.

Incredibly severe risks of stolen credit and debit card information

The risks of stolen credit and debit card information can be incredibly severe as they can leave victims open to direct fraud and theft. When such information is exposed, criminals could try to make online purchases or open up accounts in people’s names to make purchases. In some cases, this could result in people losing thousands of pounds, either temporarily or permanently if the criminals are able to get away with their activities.

When it comes to cyberattacks, the risks of stolen credit and debit card information is one of the most prominent things to consider if that kind of data is involved. Victims need to be issued with swift advice for what they need to do and they may need to contact their bank and take action immediately to prevent fraudulent transactions. Criminals know that victims may be acting quickly and banks may be looking to stop any potential fraud, so they may act quickly themselves. As such, it is incredibly important that people take swift and effective action, and any organisations affected by data breaches that have resulted in the exposure of such information must also take action without delay.

Claiming GDPR compensation for privacy breaches

You could be eligible to claim GDPR compensation for privacy breaches that involve any distress caused by the risks of stolen credit and debit card information. You may also be able to use the GDPR to recover damages for any losses and expenses, if they are applicable, but they do not need to have occurred to be able to pursue a case. Most people will claim for just the distress alone and this can be incredibly severe when we know that our payment card information has fallen into the hands of criminals.

This is why the GDPR can entitle people to recover damages for any distress that has been caused, and you could be eligible to claim thousands of pounds. Our average compensation settlement is just over £6,000 in damages alone for mostly individual clients, so it is well worth the time pursuing a case.

You can find out if we are able to represent you for a No Win, No Fee privacy compensation claim by contacting our team for free, no-obligation legal advice here now.

Real example: BA data breach claim

In our BA data breach claim action, we are helping people whose payment card information was exposed in this particularly devastating cyberattack that affected almost half a million people. Many of the victims who approached us for help have told us that they have been the victim of fraudulent activity on accounts and have received warnings and flags where transactions have been attempted.

Some people had their cards blocked by banks automatically in response to potential risks and this left some people out of pocket and without access to money. For those who were abroad at the time of the cyberattacks, this was a particularly prevalent problem as some were unable to access their money.

In this large group action for compensation where we are representing thousands of people affected, we expect that we will be able to recover damages for the distress caused to those who are claiming with us. This action is at an advanced stage, but you can find out if you are still able to pursue a case by completing the forms on our BA Group Action website here now.

What to do if you receive a data breach notification

Vulnerable to cybercrime – data breach compensation