Fraud from data breaches: claiming compensation

Fraud from data breaches can be one of the core risks that can arise when certain information is misused or exposed, and victims of such an incident could be eligible to claim compensation.

We can represent eligible clients who pursue their cases with us on a No Win, No Fee basis. The best place to start is to contact our team for a free, no-obligation legal assessment here now.

How fraud from data breaches can arise

Fraud from data breaches is one of the core risks that can arise when financial and payment card data is misused or exposed. One of the main reasons as to why cyber attackers will target such information is specifically so they can commit theft and fraud, which is why it is so important that organisations do all they can to protect the information they store and process.

Fraud from data breaches can arise in many different ways. One of the most common ways we see is when exposed payment card details are used to make fraudulent purchases. Another is where credit or loans could be taken out in your name, as a form of identity theft.

One of the other ways in which fraud from data breaches can occur is when criminals might contact people using exposed information and try to pass themselves off as a legitimate agent of a real organisation. We saw this a lot in the aftermath of the TalkTalk cyberattack where people were being contacted by scammers who had enough information about their accounts to convince them that they were actual agents of TalkTalk. Unfortunately, a number of people fell for fraud and scams, and some lost thousands of pounds.

What you could be eligible to claim for

The GDPR can entitle you to recover compensation for any distress that has been caused to you by the loss of control of your personal information. This means that you could recover damages for just the distress alone, even if you have not actually fallen victim to fraud. It is common for most people to recover compensation for just the distress alone, as fraudulent activity is often either stopped or reversed before any permanent damage can be done.

Even when you do not fall victim to fraud, it can be incredibly distressing and worrying to think that someone has our personal details and could try to commit such acts against us. This distress is what you could claim for, and any compensation values and amounts could be in the thousands or tens of thousands of pounds region, depending on the impact on you.

How we can help you now

If we believe that you have a legitimate data breach compensation case to pursue, we may be able to represent you for a claim. If we think the case has a good chance of winning, we can offer No Win, No Fee legal representation which means that we can write off our legal fees if the claim does not succeed, as long as you comply with the terms and conditions agreed.

All you need to do is contact our team for free, no-obligation advice here now and we can tell you quickly if your case is one that we can pursue for you.