The Quebec Supreme Court has approved an agreement for nearly $ 200.9 million in a class action lawsuit against Desjardins for data breach – the largest ever in the financial services sector in Canada.
Siskinds Desmeules and Kugler Kandestin, lawyers for the class members, say anyone affected by the violation, no matter where they live, will have the right to ask.
Class members can seek compensation for lost time associated with personal information breaches, as well as identity theft.
In addition, members of the class who have not yet registered for the Equifax credit monitoring service will be able to do so for five years at the expense of Desjardins and maintain the other safeguards applied by Desjardins following the breach. at least five years old.
The Federal Commissioner for Privacy said in 2020 that a series of technological and administrative shortcomings had caused the high-profile data breach in the financial cooperative, which he said did not demonstrate the level of attention needed to protect sensitive personal information. care. .
The incident compromised the data of 4.2 million people who had active accounts, Desjardins said.
Class members should not take any steps at this stage. Notices containing instructions for filing complaints will be distributed over several months, starting around July 21.
For at least 26 months, a fraudulent employee leaked sensitive personal information collected by Desjardins from customers who purchased or received products through the organization.
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