Intuit headquarters in Mountain View, California. Credit: Tada Images/Adobe Stock Lawsuit Alleges Fintech Company Intuit Had Shoddy Consumer Data Privacy Protection
The proposed class action lawsuit was filed by Chicago firm Strauss Borrelli. It accuses Intuit of effectively causing a cyberattack that compromised its users' personally identifiable information by bypassing cybersecurity industry standards.
July 03, 2024 at 10:09 AM
4 minute read
Financial Services and Banking
What You Need to Know
- Global fintech company Intuit and its subsidiaries were slapped with a putative data privacy class action on Monday in the California Northern District Court, San Jose Division.
- The suit alleges that Intuit effectively caused a recent cyberattack by flouting industry standards for preventative cybersecurity best practices.
- Intuit and the platforms it operates have been targeted by multiple cyberattacks in the last 10 years.
Global fintech company Intuit was hit on Monday with a proposed class action lawsuit alleging that it failed to protect customers' information from a data breach.
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