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Canada’s Desjardins OK’d for $155M Data-breach Settlement  

The Superior Court of Quebec has approved a settlement of almost 200.9 million Canadian dollars ($155 million) between Canadian credit union Desjadins and multiple plaintiffs in a data breach lawsuit. So reports BankInfoSecurity.

DesjardinsDesjardins revealed in June 2019 that a “malicious” insider stole and sold personal information for 4.2 million of Desjardins’ active customers.

The settlement, filed for approval in May, is reportedly the largest yet for a data breach in Canada’s financial sector.

Read the full article from BankInfoSecurity.

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