JPMorgan Chase Accused of Massive Data Breach in Secret Facebook Broadcasts A class-action lawsuit has been filed against JPMorgan Chase, alleging that the bank negligently leaked customers’ personal information and Social Security numbers (SSNs) in secret Facebook broadcasts. Background: In July 2023, a cybersecurity researcher discovered that JPMorgan Chase had created a Facebook Instant Articles account that contained sensitive customer data, including: * Names * Addresses * Phone numbers * Account numbers * SSNs The Facebook broadcasts were allegedly private and not shared with the general public, but anyone with the link could access the information. Allegations in the Lawsuit: The lawsuit alleges that JPMorgan Chase: * Failed to adequately secure its customer data * Negligently outsourced data management to third parties * Violated federal and state privacy laws The plaintiffs argue that the bank’s actions exposed customers to risks of identity theft, financial fraud, and other harm. Response from JPMorgan Chase: JPMorgan Chase has denied the allegations, stating that the Facebook broadcasts were an isolated incident that has since been resolved. The bank has not provided specific details about the cause of the breach or the steps taken to prevent future incidents. Impact on Customers: The data breach has potentially affected millions of JPMorgan Chase customers. The bank has not disclosed the total number of individuals whose information was compromised. Customers who believe their information may have been leaked are advised to: * Monitor their credit reports * Report any suspicious activity to their bank * Place a fraud alert on their credit file Legal Implications: The class-action lawsuit seeks compensation for damages suffered by affected customers, including: * Monetary losses due to identity theft or unauthorized transactions * Emotional distress * Punitive damages The outcome of the lawsuit will depend on the evidence presented by the plaintiffs and the legal defenses offered by JPMorgan Chase. Conclusion: The alleged data breach at JPMorgan Chase highlights the importance of protecting customer privacy in the digital age. Banks and other financial institutions must implement robust security measures to safeguard sensitive information. The lawsuit serves as a reminder of the potential consequences when companies fail to prioritize data security.JPMorgan Accused of Illegally Sharing Sensitive Customer Data with Facebook
JPMorgan Accused of Illegally Sharing Sensitive Customer Data with Facebook A proposed class action lawsuit has accused JPMorgan Chase of violating the California Invasion of Privacy Act by sending sensitive personal information about its customers directly to Facebook. Allegations The lawsuit alleges that JPMorgan installed a Facebook tracking pixel on its website, Chase.com, that captured and forwarded sensitive information, including: * Social Security numbers * Names * Dates of birth * Telephone numbers * Addresses * Confidential financial information Impact of Allegations The complaint claims that JPMorgan shared this information with Facebook without the consent of its customers. This is a violation of California law, which prohibits the interception or disclosure of electronic communications without the parties’ consent. Damages Requested On behalf of the class members, the plaintiff requests the court to award the following damages: * Statutory damages * Punitive damages * Prejudgment interest * Other damages as deemed appropriate JPMorgan’s Response As of the filing of the lawsuit, JPMorgan had not issued a statement on the allegations. Implications This lawsuit raises concerns about the privacy and protection of sensitive personal information in the digital age. It highlights the need for companies to obtain consent and comply with privacy laws when collecting and sharing customer data.
JPMorgan Chase Faces Accusations of Leaking Customers’ Sensitive Data A class-action lawsuit has been filed against JPMorgan Chase, alleging that the financial institution leaked the personal information and Social Security numbers of its customers to Facebook without their consent. According to the lawsuit, the data breach occurred through secret Facebook broadcasts and affected millions of customers. The leaked information is alleged to have included names, addresses, phone numbers, and financial account numbers. The plaintiffs allege that JPMorgan Chase neglected to implement adequate security measures to protect its customers’ data and failed to notify them of the breach in a timely manner. They claim that the bank’s negligence caused them financial harm, identity theft, and emotional distress. JPMorgan Chase has denied the allegations, stating that it takes the security of its customers’ information “very seriously.” The bank has launched an investigation and is cooperating with law enforcement authorities. The lawsuit is seeking compensatory and punitive damages, as well as injunctive relief to prevent further data breaches. The outcome of the lawsuit could have significant implications for the banking industry and for companies that collect and process sensitive customer data. As the investigation continues, authorities are urging consumers to be vigilant and monitor their financial accounts and credit reports for any unauthorized activity.
