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Evolve to settle data breach lawsuit for nearly $12M

Summary by bankingdive.com
Individual claimants – of which there are 18 million – can request settlements of up to $3,000 after data was allegedly improperly protected by the bank.

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Evolve to settle data breach lawsuit for nearly $12M

Individual claimants – of which there are 18 million – can request settlements of up to $3,000 after data was allegedly improperly protected by the bank.

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American BankerAmerican Banker

Evolve Bank settles for $11.9 million over 2024 data breach

Individual victims of the data breach of Evolve Bank could get up to $3,000, but most will see around $20, possibly less. The breach also affected fintech partners.

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bankingdive.com broke the news in on Thursday, April 3, 2025.
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