I=5
Bumble sued over data breach last month
- A Texas woman launched a class action lawsuit against Bumble claiming it failed to protect users from a “massive and preventable cyberattack” last month.
- At the core of her case are claims that she spent a lot of time trying to find ways to protect herself from the consequences of the cyberattack.
- Bumble faced a similar lawsuit in 2022 after a 2020 data breach, which later went to arbitration as stipulated in the app’s terms of service, hence this lawsuit could also follow the same path.
Assessment
If the case is moved to arbitration, the settlement amount would be much smaller since claim are usually individidual.
Even if the case moves forward as class action lawsuit, I think the settlement amount would be less than $10 million based on past precedents.