A US bank has suffered a security breach that has placed tens of thousands of Americans’ data at risk.
In a notice of security incident shared with the Office of the California Attorney General, Texas Capital Bank says that a data breach exposed the sensitive personal information of its clients.
A separate filing at the Texas Attorney General’s Office shows 86,067 people are impacted by the hacking incident. The financial institution has mailed notification letters to the affected individuals.
The bank says that on April 27th it discovered an “isolated security incident” exposed names and social security numbers.
“Upon detection, we immediately enacted out planned protection protocols, and this incident has been resolved.
We have no evidence that your information was targeted or misused. Our systems continue to operate normally and securely. Our clients’ accounts remain safe.”
The firm is offering impacted clients two years’ worth of credit monitoring and identity theft protection services from Experian IdentityWorks. Those impacted must enroll by September 30th.
A class action lawsuit may be filed against the bank on behalf of the impacted clients for potential compensation for loss of privacy, time spent dealing with the breach and out-of-pocket costs as well as to possibly require Texas Capital to take additional measures to protect clients’ information.
Texas Capital Bank, headquartered in Dallas, has $33.4 billion in assets under management.
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