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Doxim Data Breach Settlement Underscores Third-Party Data Security Risk
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Doxim Data Breach Settlement Underscores Third-Party Data Security Risk
On May 5, 2026, the parties in In re Doxim, Inc. Data Security Incident Litigation (E.D. Mich. June 13, 2024), filed a proposed $5.5 million class action settlement arising from a cyber incident involving Doxim, a software provider serving credit unions, wealth management service providers, and banking sectors in the United States and Canada.Doxim detected suspicious activity on December 30, 2023, in the part of its network supporting credit uni…
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