Union Bank Settles Data Breach Lawsuit for $2.4 Million

Union Bank and Trust Company has agreed to a $2.4 million settlement in response to a class action lawsuit concerning a data breach that may have compromised the personal information of approximately 204,291 customers. According to NS3.AI, the settlement proposal includes compensation of up to $10,000 for documented losses or a $100 cash payment to affected customers. Additionally, the settlement provides two years of credit monitoring and identity theft protection to those impacted by the breach.