Financial Data Breaches

If you are a victim of a data protection failure involving your financial data, check out our current group actions to see if we are running a claim related to that specific breach.

Get justice for a financial data breach

You work hard for your money, and you trust that your financial information is safe with the organisations you interact with. But cybercriminals are becoming increasingly sophisticated, and they are using advanced techniques to exploit any weaknesses and gain access to your valuable financial data. 

Even simple human errors and poor data security processes can lead to financial data breaches. It’s a scary thought, but too many organisations are not taking their data privacy responsibilities seriously enough. And this is leaving you and your financial information vulnerable. 

If an organisation protects your data with robust security processes and procedures, it is unlikely that an attack would be successful, or a breach happen. But too many organisations are failing to do this, and financial data breaches are continuing to rise. 

The consequences of a financial data breach can be devastating. Not only could you lose your hard-earned money, but you may also experience high levels of stress and anxiety.  

KP Law is a group action law firm. With a group action claim, you and the other victims join together and fight to get compensation. Group actions can be a powerful tool and can have a bigger impact than a single claim.

If you are a victim of a data protection failure involving your financial data, check out our current group actions to see if we are running a claim related to that specific breach.

If you are involved in a potential group action not listed below, please contact us and tell us about it! Where enough people come forward, we may launch a new claim.

We do not take on individual cases.

No-win, no-fee data breach compensation

Don’t let the fear of costs stop you getting the justice you deserve. Contact us today and let us fight for you. 

All kinds of organisations are experiencing financial data breaches. This includes:

Banks, Building Societies and other Finance Providers

Keeping our data safe is a challenge for most organisations. And this is especially true of the financial sector which is witnessing a significant increase in data breaches. 

Cryptocurrency Businesses

Like traditional money, criminals are targeting the cryptocurrency market. With the equivalent of millions of pounds being stolen from cryptocurrency holdings each year, this is a very lucrative market.

Solicitors (including conveyancers)

Many solicitors – such as conveyancers – deal with large sums of client money. This can increase the risk of a data breach and prove devastating if sensitive data falls into the wrong hands. 

Charities and Donor Organisations

Charities hold a lot of sensitive financial data, and this information must not fall into the wrong hands. However, all too often, charities are either not aware of their obligations, or have not done enough to meet them. 


Cybercriminals are targeting all kinds of companies or financial data. This is especially true of organisations that enable online purchases.

Local Councils

Almost 100 million cyber-attacks hit Britain’s local authorities in just five years. But it is human error rather than hackers that are the leading cause of breaches in the sector.

Get your money back after...

A Cryptocurrency Breach

Like traditional money, criminals are targeting the cryptocurrency market. With the equivalent of millions of pounds being stolen from cryptocurrency holdings each year, this is a very lucrative marketAt KP Law, our data breach lawyers help people make successful cryptocurrency group action claims to compensate for their loss and distress. 

Financial Crime

There has been a rise in specific types of financial cyber-fraud. This includes:

We help our clients make successful cybercrime claims against those organisation that failed to protect their data from fraudsters and hackers.

Investment Fraud

The KP Law Investment Fraud & Mis-Selling team helps individuals and businesses impacted by scams, fraud, and mis-selling by professional advisors. 

Because we have a deep understanding of, and extensive experience in this area, we help our clients get their money back. 

*This link will take you to the KP Law Investment Fraud & Mis-selling Website 

Why use KP Law to make a claim?

We are one of the most experienced multi-claimant law firms in the UK.

We represent clients in group actions with innovation, resources, and expertise.

We work with expert barristers to ensure you get the very best level of legal support available.

We have all the resources and global expertise necessary to take on complicated cases and win.

We have offices in London, Liverpool, Manchester, and Birmingham, and the technology to provide a nationwide service to clients across England & Wales.

We use technology to deliver a better legal experience to our clients.

We work on a no-win, no-fee basis.

We make the process straightforward and hassle-free.

Why claim financial data breach compensation?

Hold organisations to account for failing to protect your private information.

Receive financial compensation for your losses.

Force organisations to implement better data security.

What can you claim for?

While each case is judged on its own merits, there are some things we would typically look for when it comes to when claiming compensation following a data breach, cybercrime or other GDPR violation:

Financial loss

With stolen data, cybercriminals can make purchases using your bank and credit cards, apply for credit in your name, set up fraudulent bank accounts and access your existing online accounts.


GDPR failures, cybercrime and data breaches can have a significant impact on you, both mentally and physically. They can cause or exacerbate anxiety, stress and other psychological conditions.

Loss of privacy

Your data has value, and organisations must be held to account if they fail to protect your right to data privacy or otherwise do not uphold your GDPR rights.

How to protect yourself following a data breach or cybercrime

  • Contact your bank or credit card provider immediately if your financial data has been exposed.
  • Check all bills and emails for goods or services you have not ordered.
  • Check your bank account for unfamiliar transactions.
  • Alert your bank or credit card provider immediately if there is any suspicious activity.
  • Monitor your credit score for any unexpected dips.
  • Call Credit, Experian and Equifax to ensure credit isn’t taken out in your name.
  • Never provide your PIN or full password to anyone (even someone claiming to be from your bank).
  • Never been pressured into moving money to another account for fraud reasons. A legitimate bank won’t ask you to do this.
  • Follow the security instructions provided by the organisation that breached your data.
  • Never automatically click on any suspicious links or downloads in emails or texts.
  • Don’t assume an email or phone call is authentic just because someone has your details.
  • Be careful who you trust – criminals often use scare tactics to try and trick you into revealing your security details.
  • Know that, even if you recognise a name or number, it might not be genuine.
  • Don’t be rushed or pressured into making a decision. A trustworthy organisation would never force you to make a financial transaction on the spot.
  • Never provide your full password, pin or security code to someone over the phone (or via message). If a bank believes a transaction has been fraudulent, they will not ask for this information to cancel the transaction.
  • Listen to your instincts and ask questions if something feels “off”.
  • Refuse requests for personal or financial information and stop discussions if you are at all unsure.
  • Contact your bank or financial service provider on a number you know and trust to check if a communication is genuine.
  • Be cautious of unsolicited communications that refer you to a web page asking for personal data.
  • Don’t accept friend requests from people you don’t know on social media.
  • Review your online privacy settings.
  • Report suspected fraud attempts to the police and Action Fraud.
  • Register with the Cifas protective registration service to slow down credit applications made in your name.
  • Change your passwords regularly and use a different password for every account (a password manager can help with this).
  • Protect your devices with up-to-date internet security software.

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