Wells Fargo Customers’ Data Exposed, Used for Fraud in ‘Preventable Hack’, Alleges New Class Action Lawsuit

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Wells Fargo is facing a new class action lawsuit over the bank’s alleged failure to properly secure customers’ personally identifiable information.

The lawsuit, filed by lead plaintiff Tamra Bacon, alleges Wells Fargo has suffered a “preventable hack” that has exposed thousands of customers’ data.

Wells Fargo confirmed a breach last month, stating an insider at the bank accessed and used customers’ information to perpetrate fraud between May of 2022 and March of 2023.

In letter sent to customers posted on the Office of the Vermont Attorney General’s website, Wells Fargo says the stolen data includes names, addresses, dates of birth, phone numbers, email addresses, social security numbers, driver’s license numbers, bank account numbers, credit/debit card numbers, brokerage account numbers and loan/line of credit numbers.

Bacon says the incident has placed her in financial turmoil.

“The Data Breach has caused Plaintiff Tamra to suffer fear, anxiety, and stress, which has been compounded by t…