Billion-Dollar Bank Handing Up To $4,500 To Customers After ‘Unauthorized Actor’ Breaches Network, Steals Sensitive Information
A US bank is preparing to hand thousands of dollars to customers after a network breach placed their sensitive data at risk.
American National Bank & Trust has settled a class action lawsuit accusing the lender of failing to implement or maintain adequate data security measures to protect customers’ private information.
According to the newly updated settlement portal, customers will receive up to $4,500 for documented out-of-pocket losses from the breach, such as unreimbursed fees or fraud resolution costs.
People without losses can claim a $50 cash payment, and all eligible class members also get one year of three-bureau credit monitoring with $1 million in identity theft insurance.
The breach happened in January of last year, when an unauthorized actor accessed the bank’s network, accessing names, dates of birth, Social Security numbers, tax identification numbers, driver’s license and state identification card numbers, passport numbers, financial account information, payment card information and certain medical information.
Eligibility covers US residents who received the bank’s notification letter, and claims must be filed online or postmarked by April 21st, 2026.
Opt-outs or objections are due by March 23rd, and a final approval hearing is set for April 28th.
The bank denies wrongdoing and says it settled to avoid a lengthy and expensive litigation process.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Billion-Dollar Bank Handing Up To $4,500 To Customers After ‘Unauthorized Actor’ Breaches Network, Steals Sensitive Information appeared first on The Daily Hodl.
You May Also Like
STX Technical Analysis Feb 10
Omdia: Mainland China’s cloud infrastructure market accelerates to 24% growth in Q3 2025
