{"id":1622,"date":"2023-07-03T08:00:15","date_gmt":"2023-07-03T07:00:15","guid":{"rendered":"https:\/\/www.databreachlawyers.co.uk\/news\/?p=1622"},"modified":"2023-07-07T13:44:45","modified_gmt":"2023-07-07T12:44:45","slug":"finance-sector-data-breaches-claim-compensation","status":"publish","type":"post","link":"https:\/\/www.databreachlawyers.co.uk\/news\/finance-sector-data-breaches-claim-compensation","title":{"rendered":"Finance sector data breaches &#8211; claim compensation"},"content":{"rendered":"<p>Finance sector data breaches could result in the victim suffering substantial distress and loss. You may be eligible to <a href=\"https:\/\/www.databreachlawyers.co.uk\/contact-us\" target=\"_blank\" rel=\"noopener\"><strong>pursue a claim for privacy compensation on a No Win, No Fee basis.<\/strong><\/a><\/p>\n<p>Read on for a little advice &#8211; contact our team here now for <a href=\"https:\/\/www.databreachlawyers.co.uk\/contact-us\" target=\"_blank\" rel=\"noopener\"><strong>free, no-obligation legal help tailored to your specific circumstances to find out if you can start your claim today.<\/strong><\/a><\/p>\n<p><!--more--><\/p>\n<h3><strong>Significance of finance sector data breaches<\/strong><\/h3>\n<p>Finance sector data breaches can have a significant impact on those who are affected because of the nature of the information being particularly personal and sensitive. If financial data is compromised, criminals could try to misuse this to commit fraud and theft, which could result in a whole host of problems for the victims.<\/p>\n<p>Whilst in many cases it can be possible to recover lost money, any distress and related problems when having to deal with criminal matters can be substantial. This is why most people pursue GDPR compensation for any distress that has been caused by the loss of control of personal information, and the impact that this has had. In fact, most people claim for just the distress alone, so you do not need to worry if you have been fortunate enough to have avoided any actual financial or monetary loss.<\/p>\n<p>But stress can be significant when you imagine that you may have to deal with financial services companies to rectify incorrect information, and deal with the police in respect of criminal matters. Credit reports can be affected even in the short term which can also cause problems and distress, and these are factors that we can consider.<\/p>\n<h3><strong>Claiming GDPR compensation<\/strong><\/h3>\n<p>Anyone who has been affected by finance sector data breaches could be eligible to claim GDPR compensation for any distress caused, as we have referenced above. Our average settlement in respect of mostly distress claims for mostly individual cases is just over \u00a36,000 in damages, so it is well worth your time pursuing a case. Generally speaking, the more you suffer, the more the claim could be worth, so your case could be in excess of this average amount if the distress has been significant.<\/p>\n<p>As long as we can prove that the organisation responsible for protecting your information has been negligent to the duty of care that they have, they could be in breach of the GDPR. If we can establish that they have breached the GDPR, that is when we could pursue a privacy negligence case against them.<\/p>\n<p>You can explain the circumstances to our experienced legal team and <a href=\"https:\/\/www.databreachlawyers.co.uk\/contact-us\" target=\"_blank\" rel=\"noopener\"><strong>obtain free, no-obligation legal help here now to find out if we can move forward with a GDPR compensation claim for you<\/strong>.<\/a><\/p>\n<h3><strong>Claim data breach compensation &#8211; No Win, No Fee<\/strong><\/h3>\n<p>You could be eligible to claim data breach compensation on a No Win, No Fee basis. This amazing way of working is part of our commitment to access to justice, which means that we can write off legal fees if a case does not succeed.<\/p>\n<p>Ultimately, if we consider the case has merits of success, we can work this way for you and we genuinely can write off our legal fees in the event of a losing case. We appreciate that most people would not be able to afford to pay for losing claims, so this is the best way that we can work.<\/p>\n<p><a href=\"https:\/\/www.databreachlawyers.co.uk\/contact-us\" target=\"_blank\" rel=\"noopener\"><strong>Talk to our team here now for free, no-obligation legal advice to find out if we can pursue a No Win, No Fee data breach compensation case for you today.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance sector data breaches could result in the victim suffering substantial distress and loss. You may be eligible to pursue a claim for privacy compensation on a No Win, No Fee basis. Read on for a little advice &#8211; contact our team here now for free, no-obligation legal help tailored to your specific circumstances to &hellip; <a href=\"https:\/\/www.databreachlawyers.co.uk\/news\/finance-sector-data-breaches-claim-compensation\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Finance sector data breaches &#8211; claim compensation<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":1623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,63,41],"tags":[4,58,35,42,29,75,74,7],"class_list":["post-1622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-claims","category-data-breach-compensation","category-gdpr","tag-breaches","tag-compensation","tag-data-breach","tag-financial-data-breach","tag-gdpr","tag-no-fee","tag-no-win","tag-personal-data"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finance sector data breaches - claim compensation - Data Breach Lawyers<\/title>\n<meta name=\"description\" content=\"Finance sector data breaches could result in the victim suffering substantial distress and loss. 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