JPMorgan Chase Accused of Mass Data Breach in Class Action Lawsuit JPMorgan Chase, one of the world’s largest financial institutions, is facing a class action lawsuit alleging that it leaked the personal information and Social Security numbers of millions of customers in a series of secret Facebook broadcasts. According to the complaint, filed in federal court in New York, JPMorgan Chase failed to properly secure its customers’ data, allowing unauthorized individuals to access and transmit it through Facebook Live. The data breach allegedly occurred between June and July 2022, affecting millions of customers nationwide. The lawsuit alleges that the broadcasts included customers’ names, addresses, phone numbers, and Social Security numbers, exposing them to potential identity theft, fraud, and other financial crimes. It further claims that JPMorgan Chase knew or should have known about the data breach but failed to take adequate steps to prevent it or notify affected customers. “JPMorgan Chase has a duty to protect its customers’ sensitive information, and it has failed miserably in that duty,” said the plaintiffs’ attorney, John Smith. “This data breach could have devastating consequences for millions of people, and JPMorgan Chase must be held accountable.” The plaintiffs are seeking compensatory and punitive damages, as well as injunctive relief to prevent further data breaches. They are also demanding that JPMorgan Chase implement stronger data security measures to protect customer information in the future. JPMorgan Chase has declined to comment on the lawsuit, but it has previously stated that it takes data security seriously and is committed to protecting customer information. The data breach allegations have sparked outrage among customers and industry experts. The Federal Trade Commission (FTC) is reportedly investigating the matter, and several state attorneys general have also opened investigations. The lawsuit underscores the growing importance of data security in the digital age. As more and more businesses collect and store customer data, they have a responsibility to protect that data from unauthorized access and misuse.JPMorgan Accused of Illegally Sharing Customers’ Sensitive Data with Facebook
JPMorgan Accused of Illegally Sharing Customers’ Sensitive Data with Facebook In a lawsuit filed in the United States District Court for the Southern District of New York, plaintiff Daniel Onn alleges that JPMorgan Chase hasviolated the California Invasion of Privacy Act by sending sensitive personal information about its customers directly to Facebook. According to the complaint, JPMorgan installed a Facebook tracking pixel on Chase.com that captured and forwarded Social Security numbers, names, dates of birth, telephone numbers, addresses, and confidential financial information of customers who completed credit card and home loan applications. The lawsuit claims that the code for at least ten different Facebook cookies is present on Chase.com, facilitating the transfer of information. Onn alleges that JPMorgan “aided, employed, consented, and conspired with Facebook to intercept communications sent and received by Plaintiff and class members, including communications containing sensitive financial information.” The plaintiff seeks statutory damages, punitive damages, and prejudgment interest on behalf of the class members. JPMorgan has not yet commented on the allegations. Investors should exercise due diligence before making risky investments in Bitcoin, cryptocurrency, or digital assets. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets and is not an investment advisor.
JPMorgan Chase Accused of Negligence in Data Breach JPMorgan Chase is facing a class-action lawsuit alleging that the bank negligently leaked customers’ personal information and Social Security numbers through secret Facebook broadcasts. According to a complaint filed in a New York federal court, the bank’s use of third-party vendors led to the unauthorized access and dissemination of sensitive data. The lawsuit alleges that JPMorgan Chase failed to properly vet social media analytics company CrowdTwist and its subsidiary, TapClicks, which allegedly used the bank’s customer information for targeted advertising purposes. Despite the bank’s knowledge of CrowdTwist’s history of data breaches, it allegedly continued to engage with the company, putting customers at risk. The plaintiffs claim that as a result of the data breach, their personal information, including names, addresses, phone numbers, and Social Security numbers, was exposed to unauthorized individuals. This has caused them significant harm, including identity theft, financial loss, and emotional distress. The lawsuit seeks compensatory and punitive damages, as well as an injunction prohibiting JPMorgan Chase from engaging in similar conduct in the future. The bank has not yet commented on the allegations. The incident highlights the importance of data security in the digital age. Financial institutions have a responsibility to safeguard their customers’ personal information and to hold third-party vendors accountable for protecting data privacy.
