Mr. Cooper Class-Action Lawsuit Post-Data Breach

Join us to revisit our most popular episode of ALL TIME! This episode discusses the consumer class action lawsuits filed against Mr. Cooper, a mortgage lending company, following a cybersecurity incident. The breach exposed the personal information of 4.3 million customers, putting them at an increased risk of identity theft. Mr. Cooper has partially resumed operations and plans to provide affected customers with credit monitoring services. The lawsuits highlight the importance of cybersecurity and the need for companies to protect customer data. The episode also touches on the role of class action lawsuits in holding companies accountable for data breaches.

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00:00 Introduction and Holiday Break
00:29 Mr. Cooper Hit with Consumer Class Action Lawsuits
02:56 Mr. Cooper's Response and Customer Awareness
03:51 Investigation and Resumption of Operations
05:07 Credit Monitoring Services and Lawsuit Costs
06:30 Changing Passwords and Other Breaches
07:29 Class Action Lawsuits and Move Its Involvement
12:43 Importance of Class Action Lawsuits
13:11 Conclusion and Contact Information

#cybersecurity #databreach #classaction