Michigan-based Flagstar Bank says 1.5 million individuals are affected by the incident. The bank is offering affected customers two years of free credit monitoring and identity theft restoration services. It’s “not uncommon for attackers to wait for just the right time to exploit the data they’ve breached,” says cybersecurity expert Neil Jones. In September 2021, Flagstar agreed to pay $5.9 million to settle a class action lawsuit filed on behalf of 1.48 million affected consumers. Victims with verifiable financial loses could obtain reimbursements of up to $10,000.”]
Source: https://www.cuinfosecurity.com/flagstar-bank-breach-affects-15-million-customers-a-19433