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VisitWill TD Bank face a class-action lawsuit due to the data breach by December 31, 2024?
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Public court records and major news outlets
TD Bank and Summit National Bank Disclose Major Data Breach Affecting 11,000 Customers
Aug 25, 2024, 02:30 AM
TD Bank and Summit National Bank have disclosed a significant data breach affecting approximately 11,000 customers. The breach, which occurred between May 2023 and July 2024, exposed sensitive personal details, including Social Security numbers. The incident at TD Bank was identified as an insider breach. This disclosure comes amid a broader cybersecurity concern, as global data breaches reached 31.5 million accounts in the third quarter, with the United States accounting for 8.1 million of these breaches.
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All resolved favorably for TD Bank • 25%
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Third-party vendor compromise • 25%
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Summit National Bank • 25%