2022’s Largest Financial Data Breaches
Ranked By The Estimated Number of Customers Affected
2022 was a banner year for financial criminals. An estimated 254 million consumer records were leaked in data breaches, affecting more than 9.4 million Americans alone. After government institutions, U.S. banks and credit unions were the most targeted.
However, unless banks and credit unions properly protect themselves from the technological advancements of today’s digital criminals, 2023 could be far worse.
Here Are 10 of The Largest Financial Data Breaches of 2022
10 – Revolut: 50,000 customers, globally
9 – LendingTree: 70,000 customers
8 – Cash Express: 100,000 consumers
7 – First Financial Credit Union: 220,000 consumers
6 – Boeing Employees’ Credit Union: 340,000 consumers
5 – Flagstar Bank: 1.5 million customers
4 – Lakeview Loan Servicing: 2.5 million customers
3- Elephant Insurance Services: 2.7 million consumers
2 – Receivables Performance Management: 3.7 million customers
1 – TransUnion South Africa: 5 million consumers globally
With the ever-rising exposure to fraud that today’s consumers are threatened with, the vigilance of financial institutions has become paramount. Customers demand their data and accounts are fully protected, and institutions demand a better solution.
ToolCASE offers banks and credit unions the world’s most advanced, transactional fraud detection and prevention system available, anywhere. Our real-time, Ai-powered technology has already saved financial institutions, and their clients, hundreds of millions in fraud losses. And now, this remarkable technology can do the same for yours.
Discover More at www.ToolCASE.com